(Add5) 1/9..(add 7) 1/16... (add9) 1/25... (add 11) and get -> 1/36
Answer:
b should be the answer i think
Answer:
The answer is "0.765 and 0.2353".
Step-by-step explanation:
Please find the complete question in the attached file.
In point a:
P(a substantive term only)
P(major health insurance only) 
P(both)
P(renewal) =P(insurance and renewal term only)+P (substantial and renewable health insurance only)+P (both and renew)

In point b:
In reality, the probability of having both life and major medical insurance provided the policyholder would renew next year

