survey asked subjects whether they are a memberof an environmental group and whether they wouldbe very willing to pay higher prices to protect theenvironment. The results are shown in the tablebelow.Pay HigherPrices (Price)YesNoTotalEnvironmentalGroupYes296594MemberNo869301016(Group)Total115995|1110Estimate the probability of being willing to payhigher prices to protect the environment P(Price)(Round to the nearest thousandth as needed.)

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MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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For a whole life insurance of 1000 on (x) payable at the end of the year of death: (a) 4. = 0.045 and qr+1 = 0.062 (b) v = 0.92 (c) Ag+2 0.4523 %3D Calculate the change in the expected present value of this insurance if q+1 is doubled.
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bility of belng willing to pay higher prices to protect the environment P(Price) (Round to the nearest thousandth as needed.)