Answer:
What is the expected value for the insurance company?
E(x) = 0.9986*161 + 0.0014*(-99839) = $21.00
Step-by-step explanation: Ur welcome
There is a 0.9986 probability that a randomly selected 30 year old male lives through the year. A life insurance company charges $161 for insuring that the male lives through the year. If the male does not survive the year, the policy pays out $100,000 as a death benefit.
5 4 and 1
Plug in each value for N
Answer: k=54/79
Step-by-step explanation:
Step 1: Simplify both sides of the equation.
Step 2: Subtract 16/3k from both sides.
Step 3: Subtract 5/2 from both sides.
Step 4: Multiply both sides by 12/(-79).
See attachment for further explanation
Answer:
0.972222 yards
Step-by-step explanation:
35/36= 0.972222