Question
let's say that a life insurance company charges $200 for their $100,000 policy for 18-year-olds. if an 18 year old has a 95% chance of
let's say that a life insurance company charges $200 for their $100,000 policy for 18-year-olds. if an 18 year old has a 95% chance of living throughout the year. what is the expected value (mean) of this policy for the life insurance company
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Essentials of Business Analytics
Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
2nd edition
1305627733, 978-1305861817, 1305861817, 978-0357688960, 978-1305627734
