Mathematics, 06.11.2020 17:10 laurachealsy923
Suppose a life insurance company sells a ​$190,000 ​one-year term life insurance policy to a 19​-year-old female for ​$290. The probability that the female survives the year is 0.999563. Compute and interpret the expected value of this policy to the insurance company.
Answers: 2
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Suppose a life insurance company sells a ​$190,000 ​one-year term life insurance policy to a 19â...
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