Question

An insurance company makes money according to earnings = p(e1)w1 + p(e2)w2, where p(e1) is the probability that the insured dies, w1 is the cost of the death benefit, p(e2) is the probability that the insured lives, and w2 is the insurance premiums.
When does an insurance company make money?



A. When the insured dies
B. When the insured lives and pays his/her premium
C. When they cancel the insurance
D. When they lose a court battle

Answer 1

Just look at this part:

When does (a company you work for) make money?

"the insured" = (you)

A. When the insured dies
B. When the insured lives and pays his/her premium
C. When they cancel the insurance
D. When they lose a court battle

Answer 2

so im guessing ummm......... B.

Answer 3

ya

Answer 4

logic!

Answer 5

Sorry I am just like blah.

Answer 6

I was too when I glanced at that equation

Answer 7

are you in college?