Mathematics, 11.03.2020 22:07, wildfire771003

The expected value of any term life insurance product yields a positive expected value for the insurance company and a negative expected value for you, meaning the insurance company will make profits by selling their insurance products. Would you still buy the term life insurance? Why or why not? Are there other examples other than insurance that uses this same concept?

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 19:30, noahdeem135

Asurvey of 2,000 doctors showed that an average of 3 out of 5 doctors use brand x aspirin. how many doctors use brand x aspirin

Answers: 1

continue

Mathematics, 21.06.2019 20:40, ineedhelp773

Lines a and b are parallel. what is the value of x? -5 -10 -35 -55

Answers: 2

continue

Mathematics, 21.06.2019 22:00, Jasten

Set $r$ is a set of rectangles such that (1) only the grid points shown here are used as vertices, (2) all sides are vertical or horizontal and (3) no two rectangles in the set are congruent. if $r$ contains the maximum possible number of rectangles given these conditions, what fraction of the rectangles in set $r$ are squares? express your answer as a common fraction.

Answers: 1

continue

Mathematics, 21.06.2019 22:00, Emorej22

Find the maximum value of p= 4x + 5y subject to the following constraints :

Answers: 3

continue

Do you know the correct answer?

The expected value of any term life insurance product yields a positive expected value for the insur...