Mathematics, 29.06.2021 07:10 Fireburntbudder
According to the tables used by insurance companies, a 48-year old man has a 0.169% chance of
passing away during the coming year. An insurance company charges $217 for a life insurance policy
that pays a $100,000 death benefit.
What is the expected value for the person buying the insurance?
Answers: 2
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According to the tables used by insurance companies, a 48-year old man has a 0.169% chance of
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