Shiny white dental insurance costs $258 per year. approximately one-third of insured people need a filling, which averages $110 each. 80% of insured people get a preventive check-up each year, and the average cost of this visit is $95. if you consider shiny white’s income and expenses, what is the expected value of each insured customer? a. $258 b. $145.70 c. $35.54 d. $53 e. $97

The closest answer would be letter b - $145.70.given: cost - 258; 1/3, 110; 80%, 95required:   expected value of each insured customersolution: (x - per person)    expected value per person = income - expenses    expected value per person = 258x - (1/3 x 110x) - (80% x 95x)    expected value per person = 258x - 36.67x - 76x    expected value per person = 145.33

3

Step-by-step explanation: