The company's expectation is $486.26.
Since the probability that an 80-year-old male in the U.S. will die within one year is approximately 0.069941, to determine, if an insurance company sells a one-year, $ 12,000 life insurance policy to such a person for $ 495, what is the company's expectation, the following calculation must be performed:
- (12000 x 0.069941 / 100) + (495 x (100 - 0.069941) / 100) = X
- -8.39292 + 494.65379205 = X
- 486.26 = X
Therefore, the company's expectation is $486.26.
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Answer:
1/3
Step-by-step explanation:
Parallel lines have the same slope. Thus, a line parallel to one with a slope of 1/3 is just 1/3.
Answer:
D) -8.2+(-5)
Step-by-step explanation:
when we solve the answer of -8.2 - 5 and
D) -8.2+(-5) is -13.2 which is same.