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HW Score: 94%, 9.4 of 10 points @ Points: 0.4 of 1 Question 9, 5.1.29 Part 2 of 3 Homework: HW: Section 5.1 (10) There

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HW Score: 94%, 9.4 of 10 points @ Points: 0.4 of 1 Question 9, 5.1.29 Part 2 of 3 Homework: HW: Section 5.1 (10) There is a 0.9989 probability that a randomly selected 32-year-old male lives through the year. A life insurance company charges $168 for insuring that the male will live , through the year. If the male does not survive the year, the policy pays out $120,000 as a death benet. Complete parts (a) through (c) below. a. From the perspective of the 32year-old male. what are the monetary values corresponding to the two events of surviving the year and not surviving? The value corresponding to surviving the year is $ 9168 . The value corresponding to not surviving the year is $ 119832 . (Type integers or decimals. Do not round.) b.~lf the 32-year-old male purchases the policy, what is his expected value? The expected value is SD. (Round to the nearest cent as needed.)

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