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:
40 drops
Approximately 0.166 %
Step-by-step explanation:
It would be easier to work the same units for volume
Since there are 1000 ml in a liter
Original water volume 1.2 L = 1.2 x 1000 = 1200 mLl
The final volume of the acid-water solution = 1.202 L = 1202 mL
So total volume of acid added = 1202-1200 = 2 mL
Each drop of acid is 0.05 mL
Number of drops added = 2/.05 = 40 drops
Percent of acid in acid solution = (Volume of acid added)/(Final volume) x 100 = (2/1202) ≈ 0.00166 x 100 ≈ 0.166 %
Answer:
1
Step-by-step explanation:
The mean absolute deviation of a dataset is the average distance between each data point and the mean.
Answer:
(3,0)
Step-by-step explanation:
Hope it really helps you
