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:
254.34 mm²
Step-by-step explanation:
Diameter (d) = 18 mm
Radius (r) = d/2 = 18/2 = 9 mm
π = 3.14
Area of the circle
= πr²
= (3.14)(9)²
= 3.14 × 81
= 254.34 mm²
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Hope it helps ⚜
Answer:
The type of sampling method Dr. Lawrence going to use is Quota Sampling.
Step-by-step explanation:
In quota sampling participants are chosen nonrandomly so it is not a representative sampling method. In this case Dr.Lawrence has a quota of 15% for first-time students and 85% for returning, so the survey she is conducting is non-random. The sampling method she should use is Quota Sampling.
Answer:
-9/11
Step-by-step explanation:
The slope of the line is given by
m = (y2-y1)/(x2-x1)
= (9-0)/(-3-8)
= 9/-11
= -9/11
Answer:
will I write the answer in the copy and show you
