Mathematics, 20.12.2021 17:00, elainelytal1508

The probability that an 80-year-old male in the U. S. will die within one year is approximately 0.069941. If an insurance company sells a one-year, $12,000 life insurance policy to such a person for $495, what is the company's expectation

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The probability that an 80-year-old male in the U. S. will die within one year is approximately 0.06...