Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. there is a 0 99968 probability that a randomly sel

There is a 0 99968 probability that a randomly selected 22 year old female lives...

60.1K

Verified Solution

Question

Statistics

image

There is a 0 99968 probability that a randomly selected 22 year old female lives through the year An insurance company wants to offer her a one year policy with a death benefit of 1 000 000 How much should the company charge for this policy if it wants an expected return of 400 from all similar policies The company should charge Round to the nearest dollar

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

Biology
1.2K views

Which of the following is an intermediate electron acceptor found in both glycolysis and the...

Physics
1.2K views

An object is moving with velocity as shown in figure If and V are velocities...

Basic Math
1.2K views

Select the correct answer from each drop-down menu.A couple took out a 5-year $30,000 loan...

Basic Math
1.2K views

2. Given the system below, do the following:(x-2y+3z=02xy + 5z = 5x + y +...

Statistics
1.2K views

A baseball player has a batting average of 0 175 What is the probability that...

Calculus
1.2K views

lim h 5 h 6 h h 3h

Accounting
1.2K views

Passive ActivitiesFor each of the following, state whether the individual might be a real estate...

Accounting
1.2K views

Billy Bobs Manufacturing had the following data for the fiscal year ended December 31. Direct...

Accounting
1.2K views

Jax Co. manufactures a product which requires a component that they currently produce themselves. They...

Accounting
1.2K views

3.) Modeling Carbon Tax and Cap and Trade Assume an electricity generator can produce electricity...

Accounting
1.2K views

Calculate the missing amounts for each of the independent cases below. (loss amounts should be...

Accounting
1.2K views

Sheridan ince is preparing its annuzl budaots for the vear endine December 31, 2022. Accountireassistants...