Mathematics, 03.11.2021 01:00 James300102
The probability that a 25-year-old female in the U. S. will die within one year is about 0.000514. An insurance company is preparing to sell a 25-year-old female a one-year, $55,000 life insurance policy. How much should it charge for its premium in order to have a positive expectation for the policy? (Round your answer to the nearest dollar.)
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The probability that a 25-year-old female in the U. S. will die within one year is about 0.000514. A...
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