If a 60 year old buys a $1000 life insurance policy at a cost of $50 and has a probability of 0.954 of living to age 61 find the expectation of the policy until the person reaches 61. round your answer to the nearest cent.

The expectation of the policy until the person reaches 61 is of -$4.

Step-by-step explanation:

We have these following probabilities:

0.954 probability of a loss of $50.

1 - 0.954 = 0.046 probability of "earning" 1000 - 50 = $950.

Find the expectation of the policy until the person reaches 61.

Each outcome multiplied by it's probability, so:

The expectation of the policy until the person reaches 61 is of -$4.

answer

a,b, and d

explanation

a reflection angle is more than

but less than;

an angle that measures

is a reflex angle.(true)

an angle that measures less than

is acute.(true)

provided we are considering angles greater or equal to zero.

an acute angle lies in the range.

an obtuse angle is less than 180° but more than 90°

an angle that measures 300° is obtuse (false)

an angle that measures 65° is an acute angle.(true)