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OlD SodeROPlayerHomework.aspx?homeworkld-4858452938iquestionld-5&iflushed-false;&dd-5039816;&kcenterwin-yes; 18SU-MTH-210- W01, Wo2, and WO3 Statistical Methods jose rendon1 6/18/18 2:11 PM Homework: Homework for Section 5.1 core: 0 of 10 pts Save HW Score: 58 3396, 5833 of 100 pts Question Help * 10 of 10 (6 complete) There is a 0.9985 probability that a randomly selected 27-year-old male lives through the year. A life insurance company charges $193 for insuring that the male wi live through the year. If the male does not survive the year, the policy pays out $110,000 as a death beneft Complete parts (a) through (c) below a. From the perspective of the 27-year-old male, what are the monetary values corresponding to the two events of surviwing the year and mot sunining? The value corresponding to surviving the year is The value corresponding to not surviving the year is s Type integers or decimals. Do not round) Enter your answer in the edit fielos and then click Check Answer parts remaining next go t

Explanation / Answer

a)

value corresponnding to survive the year =-193

value corresponnding to not survive the year =110000-193 =109807

( please revert for any clarificaiton required)

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