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Mathematics, 01.04.2021 17:00 cesarcastellan9
There is a 0.9987 probability that a randomly selected 31-year-old male lives through the year. A life insurance company charges $186 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out $100,000 as a death benefit. Complete parts (a) through (c) below.
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There is a 0.9987 probability that a randomly selected 31-year-old male lives through the year. A l...
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