There is a 0.9986 probability that a randomly selected 33-year-old male lives through the year. a life insurance company charges $182 for insuring that the male will live through the year. if the male does not survive the year, the policy pays out $110 comma 000 as a death benefit. complete parts (a) through (c) below.

Expected Value = -$42 (loss of 42 dollars)

Step-by-step explanation:

Complete Question Below:

"There is a 0.9986 probability that a randomly selected 33-year-old male lives through the year. A life insurance company charges $182 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out $110 comma 000 as a death benefit. If a 33-year-old male purchases the policy, what is his expected value?"

We can say P(survival) = 0.9986 and thus P(not survival) = 1 - P(survival) = 1-0.9986 = 0.0014

Also,

In case 33 year old doesn't live, the payment would be 100,000 - 182 = $99,818

And

In case 33 year old lives, the payment is

-$182

We know, the expected value is the sum of the product of each possibility with its probability.

This means a loss of $42 (or -$42)

your mom x 3

step-by-step explanation:

answer set (b) 0.5, 3/4 80% is in order from least to greatest.  

step-by-step explanation:

in order to compare rational numbers to each other, it is much easier if they are in the same form.   typically, the best form in which to evaluate rational numbers is in decimals.   in order to convert a percent to a decimal, you would divide the given percentage by 100.   you can also accomplish the conversion by moving the decimal point over two places to the left.   for example, the decimal value of 80% is 80/100, or 0.8.   in order to convert a fraction to a decimal, you need to divide the numerator by the denominator.   for example, 3/4 is 0.75.   so, for choice (b) 0.5 3/4 (0.75), 80% (0.8) is the only choice in which the numbers are in order from least to greatest.