A manufacturer of computer workstations gathered average monthly sales figures from its 56 branch offices and dealerships across the country and…
September 3, 2020
Read the instructions on the coversheet. Try to keep your answers short and clear. There are 2 questions. Each question carries 10 marks. Question 1…
September 3, 2020

If the probability of an injury is 0.19, the cost of the injury is $13897, the insurer’s loading costs are $4853, and the number of policies is 383, then in a competitive insurance market, each policy will cost $____.

** Show work please

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