Answer:
Step-by-step explanation:
The expected value for the person buying the insurance is -25.
<h3>How the expected value is calculated?</h3>
The expected value is the average gain or loss of an event if the event is repeated a number of times.
Expected value = ∑xP(x)
<h3>Calculation:</h3>
It is given that,
The probability of a 47-year-old woman passing away during the coming year is 0.179% = 0.00179
The death benefit = $100,000 - $204 = $99,796
The loss from living = -204
Then the expected value = 99796(0.00179) + (-204)(0.99821) = -25
Therefore, the expected value for the person buying the insurance is -25.
Learn more about the expected value here:
brainly.com/question/10675141
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Answer:
14.28
Step-by-step explanation:
2.8 times 5.1= 14.28
Hope this helps
-Amelia
X represents the even integerx + 2 represents the next even integerx + 4 represents the next even integer The product of the next two even integers(x + 2)(x + 4)x2 + 6x + 8 FOIL
