1) Assume that the number of customers who arrive at a water ice stand follows the Poisson distribution with an average rate of 6.4 per 30 minutes. What is the probability that three or four customers will arrive during the next 30 minutes? A) 0.2365 B) 0.1888 C) 0.3517 D) 0.2884 2) A 28-year-old man pays $211 for a one- year life insurance policy with coverage of $90,000. If the probability that he will live through the year is 0.9992, what is the expected value for the insurance policy? A) - $139.00 B) $72.00 C) -$210.83 D) $89,928.00 3) According to the Insurance Research Council, 14% of U.S. drivers are uninsured. A random sample of seven drivers was selected. What is the probability that three or more of these drivers are uninsured? A) 0.0620 B) 0.1518 C) 0.1233 D) 0.0956 4) According to LIMRA, 75% of husband-wife families with kids under 18 years old have life insurance. A random sample of six husband-wife families was selected. What is the mean of this distribution? A) 3.50 B) 4.50 D) 5.86