Mathematics, 23.02.2021 17:20 zackcarlson5637
According to a life insurance company's mortality table, the probability that a woman of a certain age will survivo 1 year is 0.993 and the probability that she wil die within 1 year is 0.007. If she buys a $50,000, 1-year policy for $500, what is the company's expected gain or loss?
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According to a life insurance company's mortality table, the probability that a woman of a certain a...
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