The probability that a 29-year old female will die within 1-year is XXXXXXXXXXIf an insurance company sells a 1-year, $50000 life insurance policy to a 29-year old female for $77, what is the expected...


The probability that a 29-year old female will die within 1-year is 0.000594. If an insurance company sells a 1-year, $50000 life insurance policy to a 29-year old female for $77, what is the expected value for the insurance company? Round your answer to the nearest cent.



Jun 07, 2022
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