subject
Mathematics, 05.07.2021 08:50 Cocco

Suppose a life insurance company sells a ​$200 comma 000 ​1-year term life insurance policy to a 20
​-year-old
female for ​$350
.
According to the National Vital Statistics​ Report, 58(21), the probability that the female survives the year is 0.999544
.
The expected value of this policy to the insurance company is ​$258.80
.
What is the standard deviation of the value of the life insurance​ policy? Why is the value so​ high?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 12:30
Which of the following transformations does not preserve congruence? * 5 points a. (x, y) → (y − 3, x − 3) b. (x, y) → (x + 5, y − 1) c. (x, y) → (y + 9, −x + 2) d. (x, y) → (3x + 1, 3y − 2)
Answers: 3
question
Mathematics, 21.06.2019 18:00
Ihave trouble finding the nth term of a linear sequence
Answers: 2
question
Mathematics, 21.06.2019 19:30
The amount spent on food and drink by 20 customers is shown below what is the modal amount spent ?
Answers: 1
question
Mathematics, 21.06.2019 23:30
Solve for x and select the correct answer
Answers: 1
You know the right answer?
Suppose a life insurance company sells a ​$200 comma 000 ​1-year term life insurance policy to a 20...
Questions
question
Mathematics, 27.03.2021 06:50
question
Physics, 27.03.2021 06:50
Questions on the website: 13722361