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Mathematics, 20.06.2020 19:57 hinokayleen5053
g A man purchases a life insurance policy on his 40th birthday. The policy will pay 5000 if he dies before his 50th birthday and will pay 0 otherwise. The length of lifetime, in years from birth, of a male born the same year as the insured has the cumulative distribution function 0, 0 ( ) 1 1.1 1 exp , 0. 1000 t t F t t ≤ = − − > Calculate the expected payment under this policy.
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