Suppose a life insurance company insures the lives of 5000 men aged 42. If actuarial studies show
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Suppose a life insurance company insures the lives of 5000 men aged 42. If actuarial studies show the probability that any 42-year-old man will die in a given year to be .001, find the exact probability that the company will have to pay x54 claims during a given year.
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Muhammad Umair
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Related Book For 
Introduction To Probability And Statistics
ISBN: 9780357114469
15th Edition
Authors: William Mendenhall Iii , Robert Beaver , Barbara Beaver
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