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
Someone help me pls and thanks
shusha [124]

Answer: Mass is how much stuff something is made of. Volume is how much space an object takes up.

4 0
3 years ago
An investigator wants to estimate caffeine consumption in high school students. how many students would be required to estimate
astraxan [27]

We can solve this problem by referring to the standard probability distribution tables for z.

We are required to find for the number of samples given the proportion (P = 5% = 0.05) and confidence level of 95%. This would give a value of z equivalent to:

z = 1.96

Since the problem states that it should be within the true proportion then p = 0.5

Now we can find for the sample size using the formula:

n = (z^2) p q /E^2

where,

<span> p = 0.5</span>

q = 1 – p = 0.5

E = estimate of 5% = 0.05

Substituting:

n = (1.96^2) 0.5 * 0.5 / 0.05^2

n = 384.16

<span>Around 385students are required.</span>

6 0
3 years ago
The perimeter of a regular octagon is 55.2 mm. Write and solve an equation to determine the length of each side of the octagon.
Katena32 [7]

Answer:

6.9

Step-by-step explanation:

An octagon has 8 sides so:

55.2=8*x

x=55.2/8=6.9

3 0
3 years ago
1) ? x (-9) = -36
diamong [38]

Answer:

1. 4

2. 4

3.7

4.-2

5.-8

6. -5

7.5

8.24

3 0
3 years ago
Read 2 more answers
for the following two numbers, find two factors of the first number such that their product is the first number and their sum is
zepelin [54]
You can make some algebraic equations and solve it.
The first would be:
x \times y =  - 21
The second would be
x + y =  - 4
You can then rearrange the second into
x =  - 4 - y
And subsitute it into the first like so:
( - y - 4) \times y = -  21
After that, distribute the y into the parantheses.
{ - y}^{2}  - 4y =  - 21
Subtract the 21 on both sides and multiply by -1 on both sides:
{ - y}^{2}  - 4y  +  21 \\ {y}^{2}  + 4y  -  21
You then can factor it into:
(y + 3) \times (y - 7) = 0
With Zero Product Property, we can determine y to be either -3 and 7. Since the variables are interchangable, you can say the same about x, just that whatever x is, y must be the other value.


Thus, the answer is 7 and -3.
5 0
3 years ago
Other questions:
  • I solved the problem but I'm not sure if I got it right so can you guys help me with it?
    9·1 answer
  • N 30 divided by (negative 6)?
    7·1 answer
  • Points A, B, C, and D lie on line segment AD. If AB = x, BC = x + 3, CD = twice the length of BC, and AD = 53, what is the value
    6·2 answers
  • Pls answer this with an explanation if you can pg3 pt1
    5·2 answers
  • Imagine that the mean height for players in all Division I women's basketball programs is 69 inches with a standard deviation of
    9·1 answer
  • Which of the following reasons complete the proof in the picture below
    15·1 answer
  • if the base area of a cylinder is 15.6 square centimeters and the height is four centimeters what is the volume of the cylinder?
    6·1 answer
  • Calculate the population
    5·1 answer
  • Write an equation of line that passes through the points (4,3) land (1, 2) in point-slope form.
    5·1 answer
  • Which is the correct label of the parallel lines?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!