1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tomtit [17]
3 years ago
7

There is a 0.9968 probability that a randomly selected 50 year old female lives through the year (based on data from the US depa

rtment of Health and Human Services). 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.
Mathematics
1 answer:
SashulF [63]3 years ago
3 0

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).

-------------------

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?

----

Ans: -226 ; 50,000-226 = 49774

-------------------------

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.

----

E(x) = 0.9968*(-226) + 0.0032(49774) = -$66

==================================================

Cheers,

ROR

You might be interested in
I really need help with this, thank you!!!
Lyrx [107]

Answer:

6. 60°

7. 5.19559

8. 7.96011

Step-by-step explanation:

6. The sum of angles in a triangle is 180°, so the remaining angle is ...

  180° -40° -80° = 60°

7. The lengths of sides are proportional to the sine of the opposite angle (Law of Sines).

  a = c·sin(A)/sin(C) = 7·sin(40°)/sin(60°) ≈ 5.19559

8. Same explanation as 7.

  b = c·sin(B)/sin(C) = 7·sin(80°)/sin(60°) ≈ 7.96011  

3 0
3 years ago
Read 2 more answers
Cuantas veces cabe el 7 en el 4
SVEN [57.7K]
<span>7 no encaja en 4, por lo que la respuesta sería cero 7 ajustes en 4, cero veces</span>
8 0
3 years ago
find the surface area of each shipping package which package has the greater surface area does the same package have a greater v
Wittaler [7]

Answer:

undefined

Step-by-step explanation:

7 0
3 years ago
The picture shows a barn door:
Hitman42 [59]

Answer:

(D)9 divided by sin 60 degrees

Step-by-step explanation:

From the given figure, using trigonometry

\frac{BC}{AB}=sin60^{{\circ}}

Substituting the given values, we get

\frac{9}{AB}=sin60^{{\circ}}

\frac{9}{sin60^{\circ}}=AB

AB=\frac{9{\times}2}{\sqrt{3}}

AB=\frac{18}{\sqrt{3}}

AB=10.4 feet

Thus, The length of the support AB is 9 divided by sin 60 degrees.

5 0
3 years ago
Read 2 more answers
Find the student’s error in solving the following inequality.
Mars2501 [29]

Answer:

The correct option is:

The student should have switched the direction of the inequality sign to get –5> x for a final answer

Step-by-step explanation:

The students has made a mistake in the 3rd step.

We know that when we multiply or divide any negative number on both sides of the inequality, the sign of inequality  reverse its direction.

In step 3 the student divided 25 by -5 but did not  switch direction of the inequality sign.

Therefore the correct option is: The student should have switched the direction of the inequality sign to get –5> x for a final answer

5 0
3 years ago
Other questions:
  • Solve. 3,512- 1,308?
    15·2 answers
  • The diameter of one circle is represented by 12x. The diameter of another circle is represented by 6x^2y. What is the ratio of t
    14·2 answers
  • Line b passes through the point (-4,-7) and has a slope of -3/2 what is the equation of line b in standard form?
    9·1 answer
  • Write An equation in slope intercept form for the line passing through each pair of points (-1,3) and (2,-5)
    14·2 answers
  • Factor the polynomial x(3x+5)-4(3x+5)
    7·2 answers
  • How many 1/3 pound serving in 4 2/3 pound of cheese? Show work
    14·1 answer
  • Resolva os seguintes exercícios sobre os Números racionais, a partir de situações problema: Para encher um álbum de figurinhas,
    10·1 answer
  • BCDE is a parallelogram.<br>What is the measure of &lt;BEC​
    15·1 answer
  • What is the mean high temperature for this week
    9·2 answers
  • Help me plz.................
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!