document.write( "Question 1155261: The probability that a car will not require service for a fixed length of time is 0.95. An insurance company will sell a $3000 comprehensive coverage policy for this length of time for a premium of $300. Estimate the loss or profit for the insurance company ? \n" ); document.write( "
Algebra.Com's Answer #777902 by Boreal(15235)\"\" \"About 
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E(X)=0.95(300)-0.05*3000=285-150=$135 per policy.\r
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