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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The division equation that has a quotient of 13 is 1/1/13 = 13
<h3>How to determine the equation?</h3>
The given parameters are:
- Quotient = 13
- Dividend = Whole number
- Divisor = Unit fraction i.e. 1/n where n is an integer.
A division equation is represented as:
Dividend/Divisor = Quotient
Substitute 13 for the Quotient
Dividend/Divisor = 13
Recall that:
Unit fraction = 1/n
So, we have:
Dividend/1/n = 13
Let n = 13.
So, we have:
Dividend/1/13 = 13
This gives
13 * Dividend = 13
Divide both sides by 13
Dividend = 1
So, we have:
1/1/13 = 13
Hence, the division equation is 1/1/13 = 13
Read more about division equations at:
brainly.com/question/1622425
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That both 2 angles of the triangles are not equal to the third angle... the third angle is most likely bigger because it would not exactly be a triangle if it wasnt