An insurance company sold 8,000 policies ($100,000 payout value) this year. The probability of death for each person has been determined to be .002. The company charges $225 for each policy. Use the Poisson approximation to determine the following.

A: How many deaths result in breaking even?

Use the Poisson approximation to determine

B. P(They Profit $200,000 or more)

C. Use the Poisson approximation to determine

P(They lose $300,000 or more)