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:
Eva would have been better off selecting the 20-year term policy.
Step-by-step explanation:
Base on the scenario been described in the question, Eva would have been better off selecting the 20-year term policy. This reason is because assuming Eva bought the 20-year term policy, she wont be paying the new charge of extra 40% to her premium rate, compared to when she bought the 10-year term policy then renew the policy for another ten years.
Answer:
r = -8sin(theta)
Step-by-step explanation:
used desmos
z = -11
Steps:
8z+12 = 5z-21
Subtract 12 from both sides
8z+12-12 = 5z-21-12
Simplify
8z = 5z-33
Subtract 5z from both sides
8z-5z = 5z-33-5z
Simplify
3z = -33
Divide both sides by 3
3z/3 = -33/3
Simplify
z = -11
Hope this helps you! (:
-Hamilton1757
Answer:
they can each sit on floor by lining equally some can move back for example the shortest ones can sit medium tall can stand and the largest people can stand in the very back
