A car owner must decide whether she should take out a $100-deductible collision policy in addition to her liability insurance policy. Records show that each year, in her area, 17% of the drivers have an accident that is their fault or for which no fault is assigned, and that the average cost of repairs for these types of accidents is $1200. If the $100-deductible collision policy costs $100 per year, would she save money in the long run by buying the insurance or "taking the chance"? (Hint: Find the expected values if she has the policy and if she doesn't have the policy and compare them.)
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A. by buying the insurance
B. by taking the chance
Answer: A
Mathematics
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Simplify the following expression.
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A. ?4y2 B. 9y2 C. 96y2 D. 6y2 E. 24y2
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Graph the pair of parametric equations with the aid of a graphing calculator.x = 5 tan t, y = 3 sec t; -?/2 ? t ? ?/2
A.
B.
C.
D.
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The question(s) that follow refer to the problem of finding the minimum spanning tree for the weighted network shown below.
Using Kruskal's algorithm, which edge should we choose third?
A. BD B. EF C. DF D. BF E. none of these
Mathematics
Solve the sales tax problem.The purchase price of a sofa is $1005. If the sales tax rate is 6.8%, what is the overall price? Round to the nearest cent.
A. $68.34 B. $683.40 C. $1688.40 D. $1073.34
Mathematics