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QUESTION
An insurance company makes money according to earnings = p(e1)w1 + p(e2)w2, where p(e1) = 0.002641, w1 = -$25,000, p(e2) = 0.997359, and w2 = $193.08. How much does the insurance company earn during
An insurance company makes money according to earnings = p(e1)w1 + p(e2)w2, where p(e1) = 0.002641, w1 = -$25,000, p(e2) = 0.997359, and w2 = $193.08.
How much does the insurance company earn during the year from this person?
