An insurance company has issued policies to 10,000 persons of the same age and the same social
Question:
An insurance company has issued policies to 10,000 persons of the same age and the same social group. The probability of death during the year for each person is 0.006 . On January 1 each insured person deposits 12 rubles on his policy and if he dies his beneficiaries receive 1,000 rubles from the company. What is the probability that:
(a) the company will suffer a less;
(b) the company will make a profit of at least 40,\(000 ; 60,000 ; 80,000\) rubles?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: