Insurance: An insurance company sells a 1-year term life insurance policy to an 81-year-old man. The man pays a premium of $4900. If he dies within 1 year, the company will pay $79,000 to his...

Extracted text: Insurance: An insurance company sells a 1-year term life insurance policy to an 81-year-old man. The man pays a premium of $4900. If he dies within 1 year, the company will pay $79,000 to his beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 81-year-old man will be alive 1 year later is 0.9381. 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 4900 P(x)