Insurance: An insurance company sells a 1-year term life insurance policy to an 76-year-old woman. The woman pays a premium of $3600. If she dies within 1 year, the company will pay $90,000 to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 76-year-old woman will be alive 1 year later is 0.9605. Let X be the profit made by the insurance company. Part: 0/2 Part 1 of 2 (a) Find the probability distribution. The probability distribution is X P(x) 3600 X 5
Insurance: An insurance company sells a 1-year term life insurance policy to an 76-year-old woman. The woman pays a premium of $3600. If she dies within 1 year, the company will pay $90,000 to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 76-year-old woman will be alive 1 year later is 0.9605. Let X be the profit made by the insurance company. Part: 0/2 Part 1 of 2 (a) Find the probability distribution. The probability distribution is X P(x) 3600 X 5
MATLAB: An Introduction with Applications
6th Edition
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Author:Amos Gilat
Publisher:Amos Gilat
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Insurance: An insurance company sells a 1-year term life insurance policy to an 76-year-old woman. The woman pays a premium of $3600. If she dies within 1
year, the company will pay $90,000 to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 76-year-old
woman will be alive 1 year later is 0.9605. Let X be the profit made by the insurance company.
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Part: 0/2
Part 1 of 2
(a) Find the probability distribution.
The probability distribution is
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ctri
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Insurance: An insurance company sells a 1-year term life insurance policy to an 76-year-old woman. The woman pays a premium of $3600. If she dies within 1
year, the company will pay $90,000 to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 76-year-old
woman will be alive 1 year later is 0.9605. Let X be the profit made by the insurance company.
AMD AS
ocessor
tab
caps lock
Part: 0/2
Part 1 of 2
(a) Find the probability distribution.
The probability distribution is
esc
It
➜
fn
X
P(x) n
Skip Part
!
power.
ching design.
Type here to search.
"
7
n 3600
E
Stay connected
and entertained
2
Q
A
Check
#
Z
@
hp
ta
2
#
W
*
3
VILE
E
S
X
X 5
alt
$
4
R
%
DF
с
5
T
V
10
G
6
#
&
B
Y
99.
7
a
hp
H
4+
N
#3
8
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