Previous 1 2 3 45 67 89 10 Next Question 5 of 13 (1 point) View problem in a pop
ID: 3058100 • Letter: P
Question
Previous 1 2 3 45 67 89 10 Next Question 5 of 13 (1 point) View problem in a pop-up Insurance: An insurance company sells a 1-year term life insurance policy to an 79-year-old man. The man pays a premium of $2200. If he dies within 1 year, the company will pay $34,000 to his beneficiary. According to the U.s. Centers for Disease Control and Prevention, the probability that an 79-year-old man will be alive 1 year later is 0.9381. Lek be the profit made by the insurance company. Part 1 out of 2 Find the probability distribution. The probability distribution is 2200 P(x) TinExplanation / Answer
Previous 1 2 3 45 67 89 10 Next Question 5 of 13 (1 point) View problem in a pop-up Insurance: An insurance company sells a 1-year term life insurance policy to an 79-year-old man. The man pays a premium of $2200. If he dies within 1 year, the company will pay $34,000 to his beneficiary. According to the U.s. Centers for Disease Control and Prevention, the probability that an 79-year-old man will be alive 1 year later is 0.9381. Lek be the profit made by the insurance company. Part 1 out of 2 Find the probability distribution. The probability distribution is 2200 P(x) Tin
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.