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Insurance: an insurance company sells a one-year term life insurance policy to an 82-year-old woman. The woman pays a premium of $4200. If she dies

Insurance: an insurance company sells a one-year term life insurance policy to an 82-year-old woman. The woman pays a premium of $4200. If she dies within one year, the company will pay $62,000 to her beneficiary. According to the US center of disease control and prevention, the probability that an 82-year-old woman would be alive one year later is 0.9332. Let X be the profit made by the insurance company. X -57800 4200 P(x) 0.0668 0.9332 Find the expected value of the profit

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