Obey stop signs and compounds his risky behavior

Assignment Help Financial Management
Reference no: EM131594012

A bicyclist who fails to obey stop signs and compounds his risky behavior by inattention to other traffic, was involved in a severe crash. The amount of damage, D, done to his bicycle as a result is modeled by a continuous uniform distribution between $0 and $970. The cyclist had insurance that came with a $194 deductible and a maximum insurance payment of $485. Determine the expected insurance payment that is made to the reckless cyclist.

Answer in units of USD

Reference no: EM131594012

Questions Cloud

Compare the economies of india and china today : Chasing the dragon! Compare the economies of India and China today. What are their GDP per capita and their economic growth rates?
Realized rate of return for an investor who purchased bonds : Compute the realized rate of return for an investor who purchased the bonds when they were issued and held them until they were called.
Response change if you belong to the acquiring firm : How would your response change (if at all) if you belong to the acquiring firm? Explain.
Write a two pages report on database : Write a 500 words 2 page report on Database. Each individual will complete and submit a report based on ONE of the three scenarios.
Obey stop signs and compounds his risky behavior : A bicyclist who fails to obey stop signs and compounds his risky behavior by inattention to other traffic, was involved in a severe crash.
Angle between pairs of n-vectors and the unit n-vector : In Exercises, find the angle between the given pairs of n-vectors and the unit n-vector associated with each vector.
Examples are few and far between : Perfect Competition is a model of which examples are few and far between. Yet economists love to discuss this model.
In what ways have the mass media and education helped : SOC 233 suggestions for essay topics - In what ways have the mass media and education helped this process along?
Discuss a stressful impact sufficient to overwhelm : A critical incident is an event that has a stressful impact sufficient to overwhelm the usually effective coping skills of an individual

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd