The probability that a 19 year old male in the United States will die within...

50.1K

Verified Solution

Question

Algebra

image

The probability that a 19 year old male in the United States will die within 1 year is approximately 0 001188 If an insurance compahy sells a 1 year 25 000 life insurance policy to a 19 year old for 715 what is the company s expectation in dollars

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students