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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Cheers,
ROR
876080119... ;) hope this helps Feni
45/14 = a product every 3 minutes and 21 seconds
Rule T < - 7, - 8>
=>
- 7 means shift 7 units to the left
- 8 means shift 8 units down
Therefore, the answer is 7 units to the left and 8 units down
Answer:
Step-by-step explanation
Use Pythagoras theorem. The distance between the cars, 8km, is the hypotenuse of a right angled triangle, one leg of which is 6km and the other of which is, say, x km
x = sqrt(8^2 - 6^2) km.
You can crunch the numbers.
