In a certain carnival game the player selects two balls at random from an urn containing 4 red balls and 7 white balls. The player receives ​$4 if he draws two red balls and ​$2 if he draws one red ball. He loses ​$1 if no red balls are in the sample. Determine the probability distribution for the experiment of playing the game and observing the​ player's earnings.
The probability to draw 2 red balls is ____, to draw 1 red ball is ____, and to draw zero red balls is ____? (Simply your answers)
Answers
The probability to draw 2 red balls is 6/55, to draw 1 red ball is 28/55, and to draw zero red balls is 21/55. These probabilities make up the probability distribution for the experiment.
To determine the probability distribution for the experiment of playing the game and observing the player's earnings, we will calculate the probabilities of drawing 2 red balls, 1 red ball, and 0 red balls.
1. Probability to draw 2 red balls:
There are a total of 11 balls (4 red + 7 white) in the urn. When drawing the first red ball, there are 4 red balls out of 11. After drawing one red ball, there are 3 red balls left and 10 balls in total. So the probability of drawing a second red ball is 3/10.
Therefore, the probability of drawing 2 red balls is (4/11) * (3/10) = 12/110
= 6/55.
2. Probability to draw 1 red ball:
We can find this probability by considering two scenarios: drawing a red ball first and then a white ball, or drawing a white ball first and then a red ball.
a) Red ball first: (4/11) * (7/10) = 28/110
b) White ball first: (7/11) * (4/10) = 28/110
Add both probabilities: 28/110 + 28/110 = 56/110.
=28/55
3. Probability to draw 0 red balls (i.e., 2 white balls):
When drawing the first white ball, there are 7 white balls out of 11. After drawing one white ball, there are 6 white balls left and 10 balls in total. So the probability of drawing a second white ball is 6/10.
Therefore, the probability of drawing 0 red balls is (7/11) * (6/10) = 42/110.
= 21/55
In summary, the probability to draw 2 red balls is 6/55, to draw 1 red ball is 28/55, and to draw zero red balls is 21/55.
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Related Questions
If you buy a new video game , you cannnot pay your cell phone bill . This example of
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Answer:
Explanation:
This situation can be considered an example of a trade-off or opportunity cost. A trade-off occurs when you have to give up one thing in order to gain or prioritize another. In this case, choosing to buy a new video game means sacrificing the ability to pay your cell phone bill. You have to make a decision and allocate your limited resources (money) between different options, and choosing one option means forgoing the benefits or costs associated with the other option.
For my business Beauty Essentials would writing personalized thank you cards be better for each customer or should I just write business cards and print them out and give the same ones? Also what are some good name ideas for products?
Answers
Answer:
Writing personalized thank you cards would be better for each customer because it would make the customer feel more appreciated since you put so much effort into making each thank you card. For the products, the name specifically depends on what the product is.
A tennis player on serve tosses a ball straight up. While the ball is in free fall, its acceleration does which of the following?
Answers
When a tennis player tosses a ball straight up, the ball is in free fall. During this period, the ball's acceleration is constant and directed downward towards the ground.
The acceleration of an object in free fall is always equal to the acceleration due to gravity, which is approximately 9.8 meters per second squared (m/s^2) near the surface of the Earth. This means that the ball's velocity will increase by 9.8 m/s every second it is in free fall.
Since the ball is tossed straight up, its initial velocity is positive (upward), but as it travels upward, its velocity decreases until it reaches its highest point. At this highest point, the ball momentarily stops moving upward and begins to fall back down towards the ground.
During the entire time the ball is in free fall, its acceleration remains constant at 9.8 m/s^2 in the downward direction. This means that regardless of whether the ball is moving upward or downward, its acceleration due to gravity remains the same.
To summarize, when a tennis player tosses a ball straight up, the ball's acceleration during free fall is constant and directed downward at approximately 9.8 m/s^2, which is the acceleration due to gravity.
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Please help with all 3 bullet points
You have been invited to speak to a group of Managers at Paychex about increasing the business’s commitment to improved employee health benefits by increasing the opportunity to work remotely.
How will you appeal to their pathos?
How will you appeal to their ethos?
How will you appeal to their logos?
Answers
To appeal to the managers' pathos, I would emphasize the positive impact of remote work on employees' well-being, work-life balance and overall happiness.
How can remote work benefit employees' well-being and happiness?As managers, we must recognize the profound influence of employee well-being on their productivity and loyalty. By increasing the opportunity of work remotely, we offer employees a better work-life balance and flexibility.
This lead to reduced stress levels, increased job satisfaction and improved mental health. Remote work allows employees to save commuting time, spend more quality time with their families and achieve a greater sense of control over their lives.
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Choose the accurate project management tool from the drop-down menu. includes planning out the amount of time that is spent on individual activities to increase effectiveness, efficiency, and productivity. A project manager what order tasks need to occur while making sure the necessary people are communicating. A form of a graphic organizer that is created with ordered pictures that tell a story panel by panel is called a
Answers
Answer:
time management
prioritizes
storyboard
Explanation:
e2021, got it right
Answer:
time management
prioritizes
storyboard
Explanation:
edge 2022
the year the volleyball was introduced
Answers
Answer:
The Year was 1895
Hope that helps!
jazakallah khair allah hu akbar
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why does brainly need to ad lock answers they get enough money through all the banners when you go watch an ad to get an answer it brings up brainly+ it's basically telling you "hey look I'm greedy pay us money if you want these answers" knowledge is asposto to be free not a pay to win. please leave your thoughts here
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Answer:
all they want to get is money and attention.
Explanation:
All buisnesses do that stuff
x-co issued 1,000 shares of its 5%, $10 par value, cumulative preferred stock for $100 cash per share. the journal entry to record this event includes:
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If the company issued 1,000 shares of its 5%, $10 par value, cumulative preferred stock for $100 cash per share. the journal entry to record this event includes: is: Debit Cash $100,000 ; Credit to Preferred Stock $100,000.
How to prepare the journal entry?Based on the given information we were told that the company issued 1,000 shares in which the cumulative preferred stock is the amount $100 cash per share. The appropriate journal entry to record the transaction is:
Journal entry
Debit Cash $100,000
Credit to Preferred Stock $100,000
( To record preferred stock)
Workings:
Preferred stock = 1,000 shares × $100 cash per shares
Preferred stock = $1000,000
Therefore the correct journal entry to record the transaction is to debit cash with the amount of $100,000 and credit Preferred stock with the amount of $100,000.
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the author of the book mentions that michael porter might have said of enterprise systems that?
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Without knowing which specific book and author you are referring to, it is difficult to give a precise answer. However, I can provide some general information about Michael Porter and enterprise systems. Michael Porter is a renowned Harvard Business School professor and strategy expert who is well-known for his work on competitive advantage and the Five Forces framework. While he is not typically associated with enterprise systems specifically, he has written about the importance of information technology in enabling competitive advantage.
In his book "Competitive Advantage: Creating and Sustaining Superior Performance," Porter argues that technology can be a key driver of competitive advantage, but only if it is used strategically. He emphasizes the importance of aligning IT investments with business strategy and using technology to support unique value propositions. In the context of enterprise systems, Porter might argue that they can be a powerful tool for creating efficiencies and streamlining processes, but only if they are designed and implemented in a way that supports the overall business strategy. Simply implementing an enterprise system without considering how it will support the organization's competitive advantage is unlikely to lead to significant benefits.
Overall, while Porter may not have specifically commented on enterprise systems, his work on strategy and competitive advantage can provide useful insights for organizations looking to leverage technology to achieve their goals.
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under GAAP, which amount would be reported as merch inv. on the BS of a company if the cost of an item is 85 and the current replacement cost is 70?85; 70; the average of 70 and 85; 155
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Under GAAP, the amount to be reported as merchandise inventory on the Balance Sheet is $70.
How much will be reported?Under GAAP (Generally Accepted Accounting Principles), the amount reported as merchandise inventory on the Balance Sheet (BS) of a company follows the Lower of Cost or Market (LCM) rule.
This rule requires the company to report inventory at the lower value between its original cost and the current replacement cost. In your case, the original cost of an item is $85, and the current replacement cost is $70.
Following the LCM rule, the company would report the merchandise inventory at the lower value, which is $70.
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currently, most applications of collaborative planning, forecasting, and replenishment (cpfr) have been in which industries? multiple select question. apparel food general merchandise agriculture
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The most common applications of Collaborative Planning, Forecasting, and Replenishment (CPFR) are found in the apparel, food, and general merchandise industries.
In which industries are the applications of CPFR most prevalent?Explanation: Collaborative Planning, Forecasting, and Replenishment (CPFR) is a supply chain management strategy that focuses on enhancing collaboration and information sharing between trading partners.
While CPFR can be applied across various industries, it has gained significant traction in the apparel, food, and general merchandise sectors.
These industries often deal with complex supply chains involving multiple stakeholders, including manufacturers, distributors, and retailers.
The implementation of CPFR in these industries helps to improve demand forecasting accuracy, optimize inventory levels, streamline replenishment processes, and reduce costs.
The agricultural industry, although involved in the supply chain, may have different characteristics and requirements compared to the other mentioned industries, which might explain its relatively lower adoption of CPFR.
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True or false: the operations manager is involved primarily with supply network design.
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The activities director is very familiar with a few sorts of plan: procedure, design, job design, supply network design, and organizational design.
In supply chain management, what role does the operations manager play?Supply Chain Management The operations manager is in charge of managing the process of the supply chain by controlling inventory management, the production process, sales, distribution, and locating suppliers who can supply the necessary goods at fair prices.
In terms of operations management, what is network design?The process of building and modeling a supply chain to better understand the costs and time involved in bringing goods to market with the resources and locations available is known as supply chain network design.
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Which of the following is true when workers specialize in the production of one good
A) there is increased competition among the producers of similar goods
B) The quantity of output produced by the worker increases
C) The satisfaction of the worker increases
D) The cost of producing the good increases
Answers
The statement that is true when workers specialize in the production of one good is: A) there is increased competition among the producers of similar goods.
What is specialization?Specialization means to be an expertise when it comes to production of goods and service.
When employee are specialize in the production of goods it tend to lead to more competition between manufacturer that produce similar products.
Therefore the correct option is A.
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Michelle has four credit cards with the balances and interest rates listed below. She would like to consolidate all of her credit cards in a single credit card with an interest rate of 16% and pay off the balance in 36 months. If she did so, what would Michelle’s monthly credit card payment be? Credit Card Balance APR.
Answers
Michelle needs to pay $561.06 on all four credit cards every month to clear her dues in 36 months.
What is a credit card?A credit card is a small plastic card issued by a bank, building society , or other financial institution that allows the holder to buy products or services on credit.
We have the given information available in this case:
Credit Card balance APR
$4,380 at the rate of 17%$1,365 at the rate of 19%$2,480 at the rate of 23%$5,000 at the rate of 15%The interest on all the four cards is for 36 months that is 3 years, therefore the interest will be paid for 3 years:
For that we will be using Simple interest rate formula to calculate the interest:
\(\rm\,Total\,amount\,on\,Card1 = P+ \dfrac{P\times\,R\times\,T}{100}\\\\= 4,380 + \dfrac{4,380\times\,0.17\times\,3}{100} \\ \\= \$6,613.8\\\\\rm\,Total\,amount\,on\,Card2 = 1,365 + \dfrac{1,365\times\,0.19\times\,3}{100}\\\\= \$2,143.05\\\\ \rm\,Total\,amount\,on\,Card\,3 = 2,480 + \dfrac{2,480\times\,0.23\times\,3}{100}\\\\= \,\$4,191.2\\\\= \rm\,Total\,amount\,on\,Card\,4 = 5,000 + \dfrac{5,000\times\,0.15\times\,3}{100}\\\\= \$ 7,250\\\)
The total sum of money that Michelle needs to pay on her credit cards:
\(\rm\,Total\,Amount = Total\,amount\,on\,Card\,1 + Total\,amount\,on\,Card\,2+Total\,amount\,on\,Card\,3 + Total\,amount\,on\,Card\,4\\= \$6,613.8 + \$2,143.05+\$4,191.2 + \$ 7,250\\\\= \$20,198.05\)
Finally, the amount that Michelle needs to pay on a monthly basis to clear her dues on the credit card: ( Division of the total amount into 36 parts as she has to pay dues in 36 months)
\(\rm\,Monthly\,installment = \dfrac{Total\,Amount}{36\,months}\\\\\\\\\dfrac{\rm\,Total\,Amount}{\rm\,36\,months}\\\\=\dfrac{\rm\, \$\,20,198.05}{\rm\,36\,months}\\\\= \$561.0569\\\)
Thus, the amount that Michelle has to pay every month for 3 years (36 months) to clear her credit card dues is $561.06.
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Question 1 of 3
The bank limits deposits to $200 per day. Ash has $300
to deposit. What should she do?
Select a response.
A Make multiple deposits over a few days
B Not agree to the Terms and Conditions
Answers
According to the information provided, Ash should make several deposits spread out over a few days. Thus option A is correct.
Ash can divide the deposit into two separate transactions because the bank only allows deposits of $200 per day and she has $300 to deposit. She is permitted to deposit $200 on the first day and the final $100 on the second day.
She will be able to successfully complete her deposit and stay inside the bank's deposit cap with this method. The correct response is, "Make several deposits over a few days."
Therefore, option A is appropriate.
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Pina Corporation purchases a patent from Blossom Company on January 1,2025 , for $59,000. The patent has a remaining legal life of 15 years. Pina estimates the patent will have a useful life of 10 years, based on expected product innovations in the market. Prepare Pina's journal entries to record the purchase of the patent and 2025 amortization. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)
Answers
The journal entries to record the purchase of the patent and 2025 amortization for Pina Corporation would be as follows:
Purchase of the patent:
Date: January 1, 2025
Patent (Asset) $59,000
Cash (or Accounts Payable) $59,000
Explanation: This entry records the purchase of the patent from Blossom Company. The patent is recorded as an intangible asset on the balance sheet, and the cash (or accounts payable) is decreased by the amount paid for the patent.
2025 Amortization:
Date: December 31, 2025
Amortization Expense (Operating Expense) $5,900
Patent (Asset) $5,900
This entry records the amortization expense for the year 2025. The patent's useful life is estimated to be 10 years, so the annual amortization expense is calculated as the purchase price divided by the useful life. In this case, $59,000 divided by 10 years equals $5,900. The amortization expense is recognized as an operating expense, and the patent's carrying value is reduced accordingly.
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what are two responsibilities of a product manager?
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Product managers have a wide range of responsibilities, but two common ones are:
Developing and managing the product roadmap.Launching and promoting the product.What is the primary function of a product manager?The primary function of a product manager is to define, develop, and manage a product or a product line from ideation to launch and beyond. The product manager is responsible for understanding the market, the customer needs, and the competitive landscape, and translating that knowledge into a product strategy and roadmap that aligns with the company's goals and objectives.
The product manager works closely with cross-functional teams, including engineering, design, marketing, sales, and customer support, to ensure that the product meets customer needs, is delivered on time, and meets revenue and profitability targets. They are also responsible for identifying new opportunities for growth and innovation, and for making decisions on product features, pricing, and positioning to maximize the product's success in the market.
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A marketer wants to ensure that a first name is always included when importing new subscribers into their master data extension. How can this task be accomplished?
Make the First Name field a primary key when setting up the Data Extension
Ensure the nullable tick box is selected for the First name field when setting up the Data Extension
Assign default values when setting up the Data Extension
Ensure the nullable tick box is NOT selected for the First Name field when setting up the Data Extension
Answers
Make the First Name field a primary key when setting up the Data Extension. Make the First Name field a primary key when setting up the Data Extension task be accomplished.
If you want a straightforward list of names and email addresses or if you want to employ welcome messages or double opt-ins, A List is advised. A Data Extension is required if you wish to utilise Publication Lists to manage unsubscribes and is advised if you want to save more details about your subscribers. primary key state the CTA in no more than five words. Action-oriented: Start up your CTA with a verb (download, register, buy, save). Unambiguous and predictable Provide clear instructions and a link to a page that won't surprise readers.
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assume+a+bank+offers+an+effective+annual+rate+of+7.26%.+if+compounding+is+monthly+what+is+the+apr?
Answers
The APR (Annual Percentage Rate) can be calculated based on the given effective annual rate of 7.26% with monthly compounding. The APR is approximately 6.98%.
The APR represents the annualized interest rate charged by a financial institution. It is used to compare different loan or investment options. In this case, we are given the effective annual rate of 7.26%, which takes into account the compounding frequency of monthly. To calculate the APR, we need to find the nominal interest rate that would result in the same effective annual rate when compounded monthly. We can use the following formula APR = (1 + i)^n - 1 Where i is the nominal interest rate and n is the number of compounding periods in a year. By substituting the values into the formula, we can solve for i: (1 + i)^12 - 1 = 0.0726 Simplifying the equation: (1 + i)^12 = 1.0726 Taking the twelfth root of both sides: 1 + i = (1.0726)^(1/12) 1 + i = 1.005992 Subtracting 1 from both sides: i = 0.005992 Converting the decimal to a percentage, the APR is approximately 0.5992%, which is rounded to 6.98%.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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∨
Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Helppp !!
Is a group of customers who share common wants and needs :
A) Market management
B) Marketing
C) Promotion
D) Product / Service
Answers
Hope this helps you
Choose the option that best matches the description given.
I handle the basic management of our employees and am the face you see in the media.
a)shareholder
b)officer
c)board of directors
Answers
Answer:
I think c. board of directors
OFFICERRRRRRRRRRRRRRR
Negative outcomes of optimism typically include: (Check all that apply.) Group of answer choices You overlook critical elements because you want to dive right in. You influence your team to be optimistic. You discount uncertainties. You accept higher levels of risk.
Answers
A behavior can have a negative effect. Negative outcomes of optimism typically You overlook critical elements because you want to dive right in.
What are the negative effects of optimism?There are different ways that optimism can be bad. It include:
Optimism bias: Here, there is excess of optimism which can make a person to overestimate the probability that they can have or experience good things while trying to avoiding bad things.The optimism bias often suggests that individual do underestimate their risk of having negative effects.
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Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing
Answers
Answer:
franchising marketing
3. Which answer best shows all of the
elements you need to consider when
choosing an investment?
nt
e
Crisk and return
liquidity, risk, time, and return
return and liquidity
Ctime, risk, and liquidity
Answers
Answer:
liquidity, risk, time, and return
Explanation:
For choosing an investment, following things need to be considered
1. Liquidity : It means how the asset is converted into cash it shows the how an asset purchased or sold in the market without varies in the price
2. Risk: It is a possibility where it can be less than the predicted gain or the loss instead of profit
3. Time: How much time is required to have a profit
4 Return: The amount which you have invested in return how much it comes.
It could be measured by dividing the net profit from the net worth
Therefore the above is the answer
Answer:
liquidity, risk, time, and return is the right answer on edge
Explanation:
if you wanted access to declassified information, you can file a(n) _____ request.
Answers
If you wanted access to declassified information, you can file a Freedom of Information Act (FOIA) request.
The Freedom of Information Act is a law that grants individuals the right to request access to federal agency records or information. It allows the public to seek information from government agencies, including declassified documents, that are not readily available or publicly disclosed.
By filing a FOIA request, individuals can formally request specific records or information from government agencies. The agency then reviews the request and determines whether the information can be released.
It is important to note that the availability and process for accessing declassified information may vary depending on the specific agency and the nature of the information being sought.
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Select the correct answer.
Jesse launched a cheaper variant of her high-performing dishwashing liquid, anticipating similar success. Which strategy has Jesse made use of?
1. product differentiation
2. brand extension
Note: I narrowed it down to these two answers and I will provide Plato’s definitions to these words given. Im leaning towards 1 considering the product would need to be smtn similar using the same brand to be 2 (aka a shampoos company introduced dishwashing liquid). I did post this question before but I’m unable to delete it oops.
Answers
Answer:
product differentiation
Explanation:
i got it right on test
blake has just written an e-mail message to his colleagues. before sending it, he wants to make sure that it has high skim value. in doing so, he is checking . a. format b. clarity c. punctuation d. conciseness
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The correct option is a. While writing the email Blake will be checking the format of the email.
The exchange of communications using electronic devices is known as electronic mail. Thus, during a time when mail primarily referred to physical mail, email was conceptualised as the electronic equivalent of or counterpart to mail. Later, email spread like wildfire as a means of communication, to the point where it is now commonly accepted that having an email address is a fundamental requirement for many activities in business, marketing, government, schooling, entertainment, and other areas of daily life in most developed nations. The medium is email, and each message transmitted through it is referred to as an email. It also has a particular format.
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What is meeting the deductible?
Answers
Answer:
The amount you pay for covered health care services before your insurance plan starts to pay. With a $2,000 deductible, for example, you pay the first $2,000 of covered services yourself. ... Many plans pay for certain services, like a checkup or disease management programs, before you've met your deductible.