jodyswann2004 jodyswann2004

12-11-2020
Mathematics

contestada

sammi used his past health history and information by his doctor visits to create this table to compare health cost with and without insurance what is the expected value of each option

Respuesta :

amath12 amath12

30-11-2020

Answer:

W/O insurance: 235.50

with insurance: 1597.94

Step-by-step explanation:

Weighted Average:

annual premium 1 $1,580.00 $0

single doctor visit 0.3 $7.50 $105

two doctor visits 0.18 $9.00 $126

medication 0.06 $1.44 $5

$1,597.94 $235.50

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