Question: given is 2000 ih 7000 ei 6500...
Question details
:Given
IS = $2,000
IH = $7,000
E(I) = $6,500
what is the probability of getting sick (p)?
| 90% |
| 100% |
| 1% |
| 10% |
| 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 |
Solution by an expert tutor
