Suppose a life insurance company sells a $240,000 one year term life insurance policy to a 25-year old female for $210. the probability that the female survives the year is .999592. compute the expected value of this policy to the insurance company. i thought i would start with x value of 1 - 12, but i'm lost on what my p(x=x) value will be. i can do these when i'm shown a chart, however i'm lost when asked to do them from a story an example would be appreciated. you in advance

$112.08 every year.

Step-by-step explanation:

Let's suppose a game in which we bet a certain amount of money ''A'' to a certain result and the probability of that result is ''p''. If the prize that we get is ''P'' therefore the expected value of gain is  :

Now,let's suppose that the female is ''betting on her death'' ⇒

P(she survives) = 0.999592

P(she doesn't survive) = 1 - 0.999592=

E(25-year old female) =

The negative sign of E is important.It means that every year the 25-year old female will lose $112.08.

Therefore, the expected value of this policy to the insurance company is $112.08 every year.

v = 1/3 a^2h

step-by-step explanation:

if the height is 57.7cm and the height of the slant edge is 18.2cm, then the volume is 1/3 a^2h.

step-by-step explanation:

and 90% of people marry there 7th grade love. since u have read this, u will be told good news 2night. if u don't pass this on nine comments ur worst week starts now this isn't fake. apparently if u copy and paste this on ten comments in the next ten minutes you will have the best day of ur life tomorrow. you will either get kissed or asked out in the next 53 minutes someone will say i love u

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