Homework: homework 6.1 Question 8, 6.1.25 HW Score: 61.37%, 14.12 of 23 points Save Part 2 of 2 Points: 1 of 2 Suppose a life insurance company sells a $290,000 one-year term life insurance policy to a 21-year-old female for $260. The probability that the female survives the year is 0.999611, Compute and interpret the expected value of this policy to the insurance company. The expected value is $ 147.19 (Round to two decimal places as needed.) Which of the following interpretation of the expected value is correct? O A. The insurance company expects to make an average profit of $23.63 on every 21-year-old female it insures for 1 month. O B. The insurance company expects to make an average profit of $147.19 on every 21-year-old female it insures for 1 year. O C. The insurance company expects to make an average profit of $259 90 on every 21-year-old female it insures for 1 year. O D. The insurance company expects to make an average profit of $13.38 on every 21-year-old female it insures for 1 month. Help me solve this View an example Get more help - Clear all Check