Answer:
The expected value for the person buying the insurance is of -$48.
Step-by-step explanation:
Expected value:
0.169% = 0.00169 probability of earning the death benefit of $100,000, subtracting 217, 100000 - 217 = $99,783.
100 - 0.169 = 99.831% = 0.99831 probability of losing $217.
What is the expected value for the person buying the insurance?

The expected value for the person buying the insurance is of -$48.
Answer:
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Step-by-step explanation:
Answer:
2/n^4
Step-by-step explanation:
Anything to the zero power will become 1 so the m^0 will be 1 and that leaves just 2 in its place. Anything to a negative exponent is equal to its reciprocal so n^-1= 1/n^4. Then you multiple what remains, (2 x 1/n^4) to get the above answer.
Answer: No
Step-by-step explanation:
25+47=72 not 50