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Mathematics, 15.11.2021 02:30 smolemily

There is a 0.9968 probability that a randomly selected 50 year old female lives through the year (based on data from the US department of Health and Human Services). A Fidelity life insurance company charges $226 for insuring that the female will live through the year. If she does not survive the year, the policy pays out $50,000 as a death benefit.

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There is a 0.9968 probability that a randomly selected 50 year old female lives through the year (ba...
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