1 point Out of 5000 policies for cell phones, a company received 585 claims. The average amount paid on the claims was $80. If the annual cost of the policy was $48, what was a customers expected value of the cell phone insurance policy? -$38.64 $9.36 ОООО $5.13 -$9.36

1 answer
Question:

1 point
Out of 5000 policies for cell phones, a company received 585 claims. The average amount paid on the claims was $80. If the annual cost of the policy was $48, what was a
customers expected value of the cell phone insurance policy?
-$38.64
$9.36
ОООО
$5.13
-$9.36

Answers

Step-by-step explanation: Please mark my answer brainliest

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