Life Insurance: A life insurance company wants to estimate the probability that a 40 year old male will live through the next year. In a random sample of 80,000 such men, 79,968 lived through the year. Using the relative frequency approximation, what is the probability that a randomly selected 40 year old male will die within a year?

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please answer question 6

6. Life Insurance: A life insurance company wants to estimate the probability that a 40 year old male
will live through the next year. In a random sample of 80,000 such men, 79,968 lived through the year.
Using the relative frequency approximation, what is the probability that a randomly selected 40 year
old male will die within a year?
Transcribed Image Text:6. Life Insurance: A life insurance company wants to estimate the probability that a 40 year old male will live through the next year. In a random sample of 80,000 such men, 79,968 lived through the year. Using the relative frequency approximation, what is the probability that a randomly selected 40 year old male will die within a year?
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