Mathematics, 15.11.2021 01:00 andersonjalen34

A 50 year old women in the US has a 0.0028 chance of dying during the next year. She purchases a 325,000 life insurance policy for $450. What is her expected value for this insurance?

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A 50 year old women in the US has a 0.0028 chance of dying during the next year. She purchases a 325...

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