The probability that a 22-year-old female in the U.S. will die within one year is approximately 0.00044. If an insurance company sells a one-year, $30,000 life insurance policy to such a person for $435, what is the company's expectation? (Round your answer to the nearest dollar.)

Answers

Answer 1

Answer:

The value is  [tex]E(X) = \$ 421.6[/tex]

Step-by-step explanation:

From the question we are told that

The probability that a 22 year  old  female in US will die within one year is    p= 0.00044

The outcome if she dies within one year is that the company losses $30,000

Generally the probability that  a 22 year  old  female in US will live more than one year is

           [tex]q = 1 -p[/tex]

=>        [tex]q = 1 -0.00044[/tex]

=>        [tex]q = 0.99956[/tex]

The outcome if she lives more than one year is that the company gains $435

Generally the  the company's expectation is mathematically represented as

           [tex]E(X) = -30000 * p + 435 * q[/tex]

The negative sign shows that the company is loosing the fund

So  

       [tex]E(X) = -30000 * 0.00044 + 435 * 0.99956[/tex]

=>    [tex]E(X) = \$ 421.6[/tex]


Related Questions

If the simple interest on ​$3000 for 3 years is ​$720 ​, then what is the interest​ rate?

Answers

Answer:

8%

Step-by-step explanation:

Starting Principal: $  

3,000.00

Years:    

3

Annual Interest Rate:    

8

%

 

Results

Future Value, using...

 Simple Interest: $  

3,720.00

 Annually Compounded Interest: $  

3,779.14

Easy question right here!

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12 glad I could help!

Answer: z=-9.5

Step-by-step explanation: -9.5/2=-4.75

A 6-kilogram bag of cat food costs $21.54. What is the unit price?

Answers

Answer:0.27855153

A

0.04642525

kilograms per dollar

Step-by-step explanation:

9. Solve the equation.
4(6 – x) + 4 = 2 (3x + 1) – 6

Answers

Answer:

x=3.2

Step-by-step explanation:

4(6 – x) + 4 = 2 (3x + 1) – 6

24 - 4x + 4 = 6x + 2 - 6

28 - 4x = 6x -4

-4x - 6x = - 4 - 28

-10x = - 32

divide both sides

x = 16/5 or x = 3.2

hope this helps :)

The chart below contains the results of a survey in which students were asked about their cell phone plan.

Cell Phones Plans
Plan
Students
No cell phone
20
Voice only
14
Voice and texting
12
Voice, texting, and data
4

What percent of the students surveyed have a phone plan with texting?
16%
24%
32%
68%
If you get it right you get the crown brain thing

Answers

Answer:

It is option C.

Step-by-step explanation:

I did the test.

Answer:

it c

Step-by-step explanation:

i did the unit test hope this helps :)

p – 22 < 40 . could you give me the answer and the steps thank you!

Answers

Answer:

the answer is 62

Step-by-step explanation:

ok so all you do is add 22 instead of subtracting 22

There are 3,785 milliliters in 1 gallon, and there are 4 quarts in 1 gallon.

How many milliliters are in 3 gallons?

Answers

Answer:11,356

Step-by-step explanation: that is the answer! I’m sure

Answer:11.355

Step-by-step explanation:

A denotes an mn matrix. Determine whether the statement is true or false. Justify your answer. The row space of AT is the same as the column space of A.

Answers

Answer: true

Step-by-step explanation:

For an m*n matrix, the column space of A will be a space formed by the lineal combination of all the columns of A.

column space = a1*c1 + a2*c2 + ...

                       

where a1, a2, ... are scalars, and c1 is the vector of column 1.

Then we should write:

Column space = a1*(A₁₁, A₂₁, A₃₁, ...) + a2*(A₁₂, A₂₂, A₃₂, ...) + ...

Now, the transpose is defined as:

[At]₁₃ = A₃₁

Here i used the element with subindex 3 and 1, but is the same for every subindex.

Notice that if A is m*n, then [At] is n*m

Now, the row space of [At] will be, same as before.

Row space = b1*r1 + b2*r2 + ...

Where b1, b2, ... are scalars and the r's are the vector of each row.

                   = b1*( [At]₁₁ , [At]₁₂, [At]₁₃, ...) + b2*([At]₂₁, [At]₂₂, [At]₂₃, ...) + ...

Now we replace each term of the transpose by the associated element in the original matrix.

                   = b1*( A₁₁, A₂₁, A₃₁, ...) + b2*(A₂₁, A₂₂, ...) + ....

If we take:

b1 = a1, b2 = a2, b3 = a3, ...

We will have that the row space of [At] is the same as the column space of A.

Which two numbers below have a least common multiple of 48?

Answers

Answer:

its 3 and 16 just trust me

The least common multiple is divisible by both a and b. The two numbers below have a least common multiple of 48 is 3 and 16.

What is LCM?

The least common multiple that is divisible by both a and b is the smallest positive integer, lowest common multiple, or smallest common multiple of two numbers a and b, generally indicated by LCM.

The two numbers below have a least common multiple of 48 are,

3 and 16 ⇒ 3×16=48

Hence, the two numbers below have a least common multiple of 48 is 3 and 16.

Learn more about LCM:

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ill give brainliest please help

Answers

do length times width and you’ll get the answer

PLEASE HELP ILY IF YOU DO

Answers

Answer:

who the holy christmas is ily

Step-by-step explanation:

maybe you call your dog that

wait do you have a dog?

anyways

thanks for the points

What is the solution to this equation?
3x-9 = 12
O A. x = 1
B. x = 7
O c. x = 9
O D. x = 63

Answers

the answer would be x = 7

What is an equation in point-slope form of the line that passes through (1, −6) and (4, 6)?

Answers

Answer:

y=4x-10

Step-by-step explanation:

find the original price of a pair of shoes if the sale price is $40 after a 60% discount

Answers

Answer:

Thus, the original price of the pair of shoes was $100.

Step-by-step explanation:

Percentages

After a 60% discount, the sale price is now valued at 100-60=40% of its original price.

If the sale price is $40, then the original price is calculated as

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Thus, the original price of the pair of shoes was $100.

Verify applying 60% discount:

$100 - 60*$100/100 =  $40

8.
Andrew has $76.50. Elijah has $94.30. How much more money does Elijah have than
Andrew

Answers

Answer:

$17.80

Step-by-step explanation:

This is a fairly simple question. All we need to do is find the difference between the two amounts.

$94.30 - $76.50 = $17.80

A rectangular garden is divided into four sections. Some dimensions are shown in the diagram, and the distance from
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12 it
8
15 ft
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A. 8ft B.7ft c.9ft D.6ft

Answers

Answer:9 ft

Step-by-step explanation:

The requried measure of the AB is given as 7ft. Option B is correct.

What are Pythagorean triplets?  

In a right-angled triangle, its sides, such as hypotenuse, and perpendicular, and the base is Pythagorean triplets.

Here,
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BC² = 15² - 12²
BC² = 81
BC = 9

Now,
AC = 16
AB + BC = 16
AB + 9 = 16
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Thus, the requried measure of the AB is given as 7ft. Option B is correct.

Learn  more about Pythagorean triplets here:

brainly.com/question/22160915

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a family rents a cottage for $79.95 a day for 7 days. about how much does the family pay for the cottage?

Answers

They will pay $559.65,rounded will be $560.00.


Hope this helped <3

Answer:

$560

Step-by-step explanation:

Since the family rents a cottage for 7 days, 79.95 dollars each day, we multiply 79.95 by 7 and get 559.65. Since the question asks about how much does the family pay, we round 559.65 to get $560.

I WILL MARK BRAINLIST
Question 9

Answers

Answer:

True

Step-by-step explanation:

True because I did that one too

What is 82,199 rounded to the thousands

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Answer:

82.20

Step-by-step explanation:

cómo se escribe un milenio en números romanos

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m

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lo busque aqui y es lo que aparecio

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Answer:

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Step-by-step explanation:

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Answers

Answer:

hey  welcome to Brainly, and 2 + 2 = 4

Step-by-step explanation:

2+2=4

3+3=6

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Answers

Answer:

the first one i did it yesterday

E
Learning Task 2. Give the reciprocal of the given fractions below.
Write your answer in your notebook.
6
1.
6.
2
8.
7
2. 7
7.
1
2
8
3.
8.
4
4
33-
5
als -|- ||-|-
5
4. 41
9.
5
6
5.
1
10. 1
54
5
5
A
Reciprocals represent two numbers whose product is one. Multi-6/8​

Answers

The correct format of the options are

(1) 6/8                    (6) 2/7

(2) 7/2                    (7) 1/8  

(3) 33[tex]\frac{4}{5}[/tex]                    (8) 4/5

(4) 41                      (9) 5/6

(5) 54[tex]\frac{1}{5}[/tex]                    (10) 1/5

Answer:

Reciprocal are those number which when multiplied by the original number gives 1 as the result. eg [tex]\frac{6}{8}[/tex] reciprocal is [tex]\frac{8}{6}[/tex], on multiplication [tex]\frac{6}{8}[/tex]*[tex]\frac{8}{6}[/tex] =1

Reciprocal of the following are as follows

(1) [tex]\frac{8}{6}[/tex]  

(2) [tex]\frac{2}{7}[/tex]

(3) 33[tex]\frac{4}{5}[/tex]  =[tex]\frac{ 33*5 + 4}{5}[/tex] = 169/5 =>  reciprocal = 5/169

(4) 1/41

(5)  54[tex]\frac{1}{5}[/tex] => [tex]\frac{54*5 +1}{5}[/tex] = 271/5 => 5/271

(6) 7/2

(7) 8

(8) 5/4

(9) 6/5

(10) 5

The employee e-mail accounts in one company are using a mean of 1.071.071, point, 07 gigabytes of memory with a standard deviation of 0.210.210, point, 21 gigabytes.

Answers

Answer:

Mean: 1096 megabytes

Standard deviation: 215 megabytes

Step-by-step explanation:

I got the answer on Khan Academy

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Answers

Answer:

A and C

Step-by-step explanation:

Move all terms to the left side and set equal to zero. Then set each factor equal to zero

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Answers

Answer:

I THINK 2

Step-by-step explanation:

Answer: (-3, 5) :  Quadrant 2

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Answers

Answer:

Answer is C, u can find this just by looking at domain

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Answers

Answer:

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Step-by-step explanation:

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the answer would be ≈43.7
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