Mathematics, 29.11.2021 17:40 ilovecatsomuchlolol
Avicenna, a major insurance company, offers five-year life insurance policies to 65-year-olds. If the holder of one of these policies dies before the age of 70, the company must pay out $27,400 to the beneficiary of the policy, Executives at Avicenna are considering offering these policies for $765 each. Suppose that for each holder of a policy there is a 3% chance that they will die before the age of 70 and a 97% chance they will live to the age of 70.
Answers: 2
Mathematics, 21.06.2019 19:30
Suzanne began a trip with 18 1/2 gallons of gas in the gas tank of her car if she hughes 17 3/4 gallons on the trip how many gallons does she have left once she finish the trip
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Mathematics, 22.06.2019 00:30
1. according to the internal revenue service, the mean tax refund for the year 2007 was $2,708. assume the standard deviation is $650 and that the amounts refunded follow a normal probability distribution. a. what percent of the refunds are more than $3,000? b. what percent of the refunds are more than $3,000 but less than $4,000? c. what percent of the refunds are less than $2,000?
Answers: 2
Avicenna, a major insurance company, offers five-year life insurance policies to 65-year-olds. If th...
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