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:
Maybe 15cm?
Step-by-step explanation:
Answer:
Marsha would make 5280 in intrest over two years.
Not sure how you can substiture the values into the equation
Step-by-step explanation:
explanation
Answer:
-1 Not in domain
0 In domain
1 In domain
Step-by-step explanation:
The domain for the square root function is all positive numbers including (0). The domain is the set of real numbers which when substituted into the function will produce a real result. While one can substitute a negative number into the square root function and get a result, however, the result will be imaginary. Therefore, the domain for the square root function is all positive numbers. It can simply be expressed with the following inequality:
Therefore, one can state the following about the given numbers. Evaluate if the number is greater than or equal to zero, if it is, then it is a part of the domain;
-1 => less than zero; Not in domain
0 => equal to zero; <em> </em>In domain
1 => greater than zero: In domain
Answer:
Probability - spinner 1
1/5 - not likely
Probability - spinner 2
1/8 - not likely
Step-by-step explanation:
