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?
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?
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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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?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F588df426-7a7b-4d8c-8d66-8d52e2cca6e0%2Fa7d41274-b602-4d99-90b4-53d92a06eb83%2Fcvls8qa_processed.png&w=3840&q=75)
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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