Mathematics, 24.02.2020 16:44 KaseyT

An insurance company sells a one-year term life insurance policy To an 80-year-old woman. The woman pays a premium of thousand dollars. She dies within one year, the company will pay $20,000 to her beneficiary. According to the US centers for disease control and prevention, will be alive when you're later is to an 80-year-old woman. The woman pays a premium $1000. She dies within one year, the company will pay $20,000 to her beneficiary. According to the US centers for disease control and prevention, women will be alive one year later is 0.9516. Let X be the profit made by the insurance company. Find the probability distribution and expected value of the profit.

Answers: 3

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 15:30

Which is the completely factored from of xy^3-x^3y

Answers: 3

Answer

Mathematics, 21.06.2019 18:00

Me, prove a quadrilateral with vertices g(1,-1), h(5,1), i(4,3) and j(0,1) is a rectangle using the parallelogram method and a rectangle method.

Answers: 3

Answer

Mathematics, 21.06.2019 20:00

Someone answer asap for ! max recorded the heights of 500 male humans. he found that the heights were normally distributed around a mean of 177 centimeters. which statements about max’s data must be true? a. the median of max’s data is 250 b. more than half of the data points max recorded were 177 centimeters. c. a data point chosen at random is as likely to be above the mean as it is to be below the mean. d. every height within three standard deviations of the mean is equally likely to be chosen if a data point is selected at random.

Answers: 1

Answer

Mathematics, 21.06.2019 21:20

Which of the following can be used to explain a statement in a geometric proof?

Answers: 2

Answer

You know the right answer?

An insurance company sells a one-year term life insurance policy To an 80-year-old woman. The woman...

Questions