There is 0.998615 probability that a randomly selected 20-year-old male lives through the year. A...
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There is 0.998615 probability that a randomly selected 20-year-old male lives through the year. A Fidelity life insurance company charges $178 for insuring that the male will live through the year. If the male does not survive the year, the policy pays our $110,000 as a death benefit. If a 20-year-old male purchases the policy, what is his expected value?$32.65-$29.61- $26.10-$25.65
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