document.write( "Question 1180091: Shiny White dental insurance costs $258 per year. Approximately one-third of insured people need a filling, which averages $110 each. 80% of insured people get a preventive check-up each year, and the average cost of this visit is $95. If you consider Shiny White’s income and expenses, what is the expected value of each insured customer?\r
\n" ); document.write( "\n" ); document.write( "a. $258
\n" ); document.write( "b. $145.70
\n" ); document.write( "c. $35.54
\n" ); document.write( "d. $53
\n" ); document.write( "e. $97 \n" ); document.write( "

Algebra.Com's Answer #809677 by ikleyn(53763) $\"\"$ $\"About$

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document.write( "The company's income is $258 from each insured customer.\r\n" );
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document.write( "The company's expenses are   +   for each insured customer.\r\n" );
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document.write( "So, the expected value for the company of each insured customer is\r\n" );
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document.write( "    258 -  -  = 145.33 dollars.\r\n" );
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document.write( "It is not exactly the figure from your list, but it is close to answer b).\r\n" );
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\n" ); document.write( "\n" ); document.write( "Solved, answered and explained.\r
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