Question: given is 2000 ih 7000 ei 6500...
IS = $2,000
IH = $7,000
E(I) = $6,500
what is the probability of getting sick (p)?
|not enough information given|
In addition to the question above assume a health insurance policy that has these values:
r = $500
q = $5,000
we can say that
|this policy is partial insurance|
|this policy is full insurance|
|this policy is more than full|
|not enough information to determine|
|none of the above|