Posted by **Scott** on Wednesday, September 28, 2011 at 11:19am.

You have a $9000 motorcycle and a $850 bicycle. The probability that your motorcycle will be stolen next year is .02, but the probability that your bike will be snatched is .1. The insurance company offers you theft protection for your motorcycle for $200 and theft protection for your bicycle for $75. What is the expected value of the motorcycle protection? What is the expected value of the bicycle protection?

## Answer This Question

## Related Questions

- intermediate algebra - You can travel 40 miles on a motorcycle in the same time ...
- please help me in math - The two-way table shows the number of people whose ...
- math - The table below shows the number of deaths in the U.S. in a year due to a...
- physic - A motorcycle racer traveling at 145 km/h loses control in a corner of ...
- Physics - This is a 2 part question, and I'm fine on part 1. However, for ...
- Statistics - A life insurance company sells a term insurance policy to a 21-year...
- Mechanic Science - A motorcycle starts from rest with constant acceleration of 1...
- statistics - solve this math statistic problem: an insurance company insures a ...
- Math/physics - This is my last problem. Please help! A motorcycle rider starts ...
- physics - a car traveling in a large circle passes by a motorcycle that is ...

More Related Questions