Twenty persons of the same age and the same health status are insured with a certain company.
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Twenty persons of the same age and the same health status are insured with a certain company. From the company’s records, it is estimated that each person of that age has a chance of 0.65 of being alive in 20 years’ time. The expected number of persons that will be alive in 20 years’ time is 15.
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Related Book For 
Introduction To Probability Volume 2
ISBN: 9781118123331
1st Edition
Authors: Narayanaswamy Balakrishnan, Markos V. Koutras, Konstadinos G. Politis
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