Mathematics, 03.10.2021 23:30, cassandrabeliles

There is a 0.9986 probability that a randomly selected 31-year-old male lives through the year. A life insurance company charges $147 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out $100,000 as a death benefit. Complete parts (a) through (c) below.

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There is a 0.9986 probability that a randomly selected 31-year-old male lives through the year. A li...