Question

There is a 0.99840.9984 probability that a randomly selected 3232-year-old male lives through the year. A life insurance company charges $178178 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out $80 comma 00080,000 as a death benefit. Complete parts (a) through (c) below. a. From the perspective of the 3232-year-old male, what are the monetary values corresponding to the two events of surviving the year and not surviving? The value corresponding to surviving the year is $nothing. The value corresponding to not surviving the year is $nothing. (Type integers or decimals. Do not round.)

Answer #1

There is a
0.99880.9988
probability that a randomly selected
2929-year-old
male lives through the year. A life insurance company
charges
$144144
for insuring that the male will live through the year. If the
male does not survive the year, the policy pays out
$90 comma 00090,000
as a death benefit.
a.
From the perspective of the
2929-year-old
male, what are the monetary values corresponding to the two
events of surviving the year and not surviving?
The value corresponding to surviving...

There is a 0.9983 probability that a randomly selected
32-year-old male lives through the year. A life insurance company
charges
$198 for insuring that the male will live through the year. If
the male does not survive the year, the policy pays out
$100,000 as a death benefit. Complete parts (a) through (c)
below.
a. From the perspective of the 32-year-old male, what are the
monetary values corresponding to the two events of surviving the
year and not surviving?
The...

There is a 0.9991 probability that a randomly selected
32-year-old male lives through the year. A life insurance company
charges $173 for insuring that the male will live through the
year. If the male does not survive the year, the policy pays out
100,000 as a death benefit. Complete parts (a) through (c)
below.
a. From the perspective of the 32-year-old male, what are the
monetary values corresponding to the two events of surviving the
year and not surviving?The value...

There is a .9968 probability that a randomly selected
50-year-old female will live through the year. A 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.
A. From the perspective of the 50-year-old female, what are the
values corresponding to the two events of surviving the year and
not surviving the year?
B. What are the probabilities associated...

there is a 0.998 6 probability that a random selected
30 year old male lives through the year a Fidelity life insurance
company charges $160 for ensuring that the mail will live through
the year. If the male does not survive the year the policy pays out
a hunch $110,000 as a death benefit if a 30 year old male purchases
a policy what is his family's expected value

The probability that a randomly selected 1-year-old male feral
cat will live to be 2 years old is 0.97059. (a) What is the
probability that two randomly selected 1-year-old male feral cats
will live to be 2 years old? (b) What is the probability that
five randomly selected 1-year-old male feral cats will live to be
2 years old? (c) What is the probability that at least one of
five randomly selected 1-year-old male feral cats will not live to...

The probability that a randomly selected 4-year-old male stink
bug will live to be 5 years old is 0.97497.
a) What is the probability that two randomly selected 4-year-old
male stink bugs will live to be 5 years old?
b) What is the probability that eight randomly selected
4-year-old male stink bugs will live to be 5 years old?
c) What is the probability that at least one of eight randomly
selected 4-year-old male stink bugs will not live to...

The probability that a randomly selected 5-year-old male stink
bug will live to be 6 years old is 0.95843. (a) What is the
probability that two randomly selected 5-year-old male stink bugs
will live to be 6 years old? (b) What is the probability that
five randomly selected 5-year-old male stink bugs will live to be
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The probability that a randomly selected 3-year-old male
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A,) What is the probability that two randomly selected 3
year old male garter snakes will live to be 4 years
old?
B.) What is the probability that seven randomly selected
3 year old male garter snakes will live to be 4 years
old?
C.) What is the probability that at least one of seven
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The probability that a randomly selected 3-year-old male feral
cat will live to be 44 years old is 0.95149
(a) What is the probability that two randomly selected
33-year-old male feral cat will live to be 4 years old?
(b) What is the probability that
eight
randomly selected
33-year-old
male
feral cat
will live to be
4
years old?
(c) What is the probability that at least one of
eight
randomly selected
33-year-old
male
feral cat
will not live to...

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