There is a 0.9968 probability that a randomly selected 50-year-old female lives through the year (based on data from the U.S. Department of Health and Human Services).
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A Fidelity life insurance company charges $226 for insuring that the female will live through the year. If she does not survive the year, the policy pays out $50,000 as a death benefit.
From the perspective of the 50-year-old female, what are the values corresponding to the two events of surviving the year and not surviving?
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Ans: -226 ; 50,000-226 = 49774
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If a 50-year-old female purchases the policy, what is her expected value?
WORK TRIED:
In the event she lives, the value is -$226. In the event she dies, the value is $49,774.
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E(x) = 0.9968*(-226) + 0.0032(49774) = -$66
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Cheers,
ROR
Answer:add them all together and then subtract from the amount of numbers listed
Step-by-step explanation:
2x + 3y = 13
–6x + 4y = 0
multiply the first equation by 3
6x +9y = 39
then add the 2nd equation to the first
6x +9y = 39
–6x + 4y = 0
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13y = 39
divide by 13
y =3
now take an equation and solve for x by substituting in y
2x +3y =13
2x +3(3) =13
2x+9 =13
subtract 9 from each side
2x =4
divide by 2
x=2
Answer (2,3)
Choice A
8 is in the thousands place.
Look to the number in the hundreds (right next to it). It is a 4. Because 4 is less than 5, round down.
68413 rounded down in the thousands place becomes 68000
68000 is your answer
hope this helps
