Question
There is a 0 99968 probability that a randomly selected 22 year old female lives through the year An insurance company wants to offer her
There is a 0 99968 probability that a randomly selected 22 year old female lives through the year An insurance company wants to offer her a one year policy with a death benefit of 1 000 000 How much should the company charge for this policy if it wants an expected return of 400 from all similar policies The company should charge Round to the nearest dollar
There is a 0 99968 probability that a randomly selected 22 year old female lives through the year An insurance company wants to offer her a one year policy with a death benefit of 1 000 000 How much should the company charge for this policy if it wants an expected return of 400 from all similar policies The company should charge Round to the nearest dollar
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Statistics The Exploration & Analysis Of Data
Authors: Roxy Peck, Jay L. Devore
7th Edition
9780840058010
