subject
Mathematics, 08.04.2020 03:06 musdaher

Suppose a life insurance company sells a $260 comma 000 one-year term life insurance policy to a 19-year-old female for $250. The probability that the female survives the year is 0.999638. Compute and interpret the expected value of this policy to the insurance company.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
An equation where variables are used to represent known values—function notation true or false
Answers: 2
question
Mathematics, 21.06.2019 17:40
If sec theta = 5/3 and the terminal point determined by theta is in quadrant 4, then
Answers: 1
question
Mathematics, 21.06.2019 23:00
How many 3-digit numbers can you write using only digits 1 and 7? (of course, digits can repeat.) how many 3-digit numbers can you write using only digits 1 and 7? (of course, digits can repeat.)
Answers: 2
question
Mathematics, 22.06.2019 02:30
Why does the shape of the distribution of the weights of russet potatoes tend to be symmetrical?
Answers: 3
You know the right answer?
Suppose a life insurance company sells a $260 comma 000 one-year term life insurance policy to a 19-...
Questions