Question
Consider the following table. Amount of Life Insurance on Husband (thousands of $) 050050 5010050100 100150100150 More than 150150 Amount of Life Insurance on Wife
Consider the following table.
| Amount of Life Insurance on Husband (thousands of $) | |||||||
|---|---|---|---|---|---|---|---|
| 050050 | 5010050100 | 100150100150 | More than 150150 | ||||
| Amount of Life Insurance on Wife (thousands of $) | 050050 | 400400 | 200200 | 5050 | 5050 | ||
| 5010050100 | 5050 | 5050 | 3030 | 256256 | |||
| 100150100150 | 2020 | 1010 | 2525 | 226226 | |||
| More than 150150 | 2020 | 377377 | 324324 | 1515 |
Copy Data Given the wifewife has between $50,000$50,000 and $100,000$100,000 of insurance, what is the probability that the husbandhusband has more than $150,000$150,000 of insurance? Round your final answer to four decimal places. Do not round intermediate answers.
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Practical Finance For Property Investment
Authors: Craig Furfine
1st Edition
036733304X, 978-0367333041
