A life insurance company sells a $100,000 one year term life insurance policy to a 30-year old male for $475. The probability that the male survives the year is .999172. Find the expected value for the insurance company.

The expected value for the insurance company is $392.20.

Step-by-step explanation:

The expected value of a random variable, X is:

It is provided that a life insurance company sells a $100,000 one year term life insurance policy to a 30-year old male for $475.

The probability that the male survives the year is, P(S) = 0.999172.

Then the probability that the male does not survives the year is:

P (S') = 1 - P (S)

        = 1 - 0.999172

P (S') = 0.000828

The amount the company owes the male if he survives is, S = $475.

The amount the company owes the male if he does not survives is,

S' = $475 - $100,000 = -$99525.

Compute the expected value for the insurance company as follows:

Thus, the expected value for the insurance company is $392.20.

in if you ask questions, the points are taken from your total and given to the one who answered it..

so if i have 30 points and i ask a question for 5 points, then when someone asks a question i will lose 5 points and the answerer earns 5

happy to

sas (side angle side)

aa (angle angle)

sss(side side side)

sas find two sides with an angle in between

aa is finding two angles and the third will add up to 180

sss find all sides

step-by-step explanation: