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Insurance: An insurance company sells a 1-year term life insurance policy to an 82-year-old man. The man pays a premium of $3400 . If he

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Insurance: An insurance company sells a 1-year term life insurance policy to an 82-year-old man. The man pays a premium of $3400 . If he dies within 1 year, the company will pay $54,000 to his beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 82-year-old man will be alive 1 year later is 0.9381 . Let X be the profit made by the insurance company. Part: 0 / 2 Part 1 of 2 (a) Find the probability distribution. The probability distribution is 3400 X P (x)

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