Unformatted text preview: 0.62 Minimum 2.44 Maximum 85.09 Mean Std. Error 0.69 a. To be profitable on average they would need to charge $24.63 mil ion per year. b. There is a 15.85% chance that the $40 mil ion would not be enough to cover annual claims. c. They would need $54 mil ion to be 95% certain they could cover annual claims....
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This note was uploaded on 06/07/2011 for the course BUSI 410 taught by Professor Massa during the Fall '09 term at UNC.
- Fall '09