laceysmith2i023
laceysmith2i023
07.12.2021 • 
Mathematics

GasIn is an insurance company that insures central heating systems. GasIn insures 350 000 central heating systems each year. GasIn charges £55 to insure a central heating system for a year. The probability that a central heating system will develop a fault is 0.18 The average claim for a central heating system fault is £273 How much profit is GasIn likely to make in a year?

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