Solution-Average spending be for a population

Average spending be for a population

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Reference no: EM131091860

An insurance market consists of high-risk patients, who average $40,000 in spending each year, and low-risk patients, who average $1,000 per year. Overall, low-risk patients represent 90 percent of the population. What would average spending be for a population like this?

Reference no: EM131091860

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Average spending be for a population

Reference no: EM131091860

Reference no: EM131091860

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