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Business, 18.02.2020 18:58 hellokitty9440

There is a 1 percent chance that you will have healthcare bills of $200,000; a 20 percent chance that
you will have bills of $10,000; a 59 percent chance that you will have bills of $1,000; and an 11 percent
chance of having bills of $0. Your expected healthcare bills are?

a. $22,590.
b.$22,000.
c.$20,590.
d. $19,590.

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Answers: 3

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