Mathematics, 15.10.2019 19:30 jech3947
There is a 0.9988 probability that a randomly selected 30-year-old male lives through the year. a life insurance company charges $191 for ensuring that the male will live through the year. if the male does not survive the year, the policy pays out $100,000 as a death benefit. complete parts (a) through (c) below.
(a) from the perspective of a 30 year old male, what are the monetary values corresponding to the two events of surviving the year and not surviving?
(b) if the 30 year old male purchased the policy, what is his expected value?
(c) can the insurance company expect to make a front from many policies? why? because the company expects to make an average of $ ? on every 32 year old male
Answers: 3
Mathematics, 21.06.2019 16:00
65 8 7 4 5 6 8 4 3 2 1 9 5 6 4 2 1 6 5 1 5 1 3 2 3 5 multiply the third number in the first row by the seventh number in the third row. add this result to the fifth number in the second row. add to this total ten times the fourth number in the third row. subtract the eighth number in the first row from the result.
Answers: 3
Mathematics, 21.06.2019 19:00
Which values of p and q result in an equation with exactly one solution? px-43=-42x+q choose all answers that apply: a) p=-43 and q=-43 b) p=42 and q=43 c) p=43 and q=−42 d) p=42 and q=42
Answers: 1
There is a 0.9988 probability that a randomly selected 30-year-old male lives through the year. a li...
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