Please Please PLEASE Answer!!!!!!
2 answers:
<em>so</em><em> </em><em>the</em><em> </em><em>ans</em><em> </em><em>is</em><em> </em><em>three</em><em> </em><em>raised</em><em> </em><em>to</em><em> </em><em> </em><em>the</em><em> </em><em>one</em><em> </em><em>twentieth</em><em> </em><em>power</em><em>.</em>
<em>Look</em><em> </em><em>at</em><em> </em><em>the</em><em> </em><em>attached</em><em> </em><em>picture</em><em>⤴</em>
<em>Hope</em><em> </em><em>this</em><em> </em><em>will</em><em> </em><em>help</em><em> </em><em>u</em><em>.</em><em>.</em><em>.</em>
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Answer:896.9
Step-by-step explanation:
Let x denotes excess premium over claims
, There are two possibilities
(i)Only husband survives
This can be possible with a possibility of 0.01
Claims=10,000
Premium collected
Thus x=1000-10,000=-9000
(ii)Both husband and wife survives
This can occur with a probability of 0.96
Here claims will be 0 as both survives
Premium taken=1000
thus x=1000
The probability that the husband survives is the sum of above cases
=0.96+0.01=0.97
Hence the desired conditional Expectation