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

can someone help please!?​

Answers

Answer:

Sure ill help i need the question tho not a picture

Step-by-step explanation:

Bella wants to create a tea-mix. She can buy Asian Treasure tea for $7.50 per ounce and Paradise tea for $5.00 per ounce. If she wants to make 60 ounces of tea-mix at a cost of $6.00 per ounce, how many ounces of Asian Treasure tea and how many ounces of Paradise tea should she buy?

Answers

9514 1404 393

Answer:

24 oz Asian Treasure36 oz Paradise

Step-by-step explanation:

The proportion of Asian Treasure is the difference in price of the mix and Paradise tea, divided by the difference in price of Asian Treasure and Paradise tea. So the amount of Asian Treasure is ...

  (6.00 -5.00)/(7.50 -5.00)(60 ounces) = 24 ounces . . . Asian Treasure tea

The remaining 60-24 = 36 ounces will be Paradise tea.

__

Using an equation

You can get the same result if you define a variable (a) to the amount in ounces of the higher-priced contributor. Then the lower-priced contributor will be in the amount (60-a) ounces. The total cost of the mix is ...

  7.50a +5.00(60 -a) = 60(6.00)

  (7.50 -5.00)a +60(5.00) = 60(6.00) . . . rearrange the left side

  (7.50 -5.00)a = 60(6.00 - 5.00) . . . . . .  subtract 60(5.00)

  a = 60(6.00 -5.00)/(7.50 -5.00) . . . . . . divide by the coefficient of 'a'

Note that this last expression is identical to the one we used above to find the quantity of Asian Treasure tea.

find the domain of f(x) . give answer in interval notation

Answers

Answer:

(0,6]

Step-by-step explanation:

John is a quarterback this year he completed 350 passes which is 70% of all passes he is attempting this year

Answers

Answer:

John attempted 500 passes.

Step-by-step explanation:

350 / x = 70%

350 = 0.7x

x = 500

Need help on this one.

Answers

Answer:

15,7,27,10 Good luck with ur work <3

The short run is defined as a period of time where

Select one:
a. some of a firm's inputs are fixed
b. only a small number of firms can enter or exit the industry.
c. the firm always breaks even (earns zero profit).
d. all inputs can be changed, but only for a little while and then must be changed back to their original levels.

Answers

Answer:

q

Step-by-step explanation:

a q q q q q q q q q q qq q qq q q q q q qa q q q q q q q q q q q

In a bag of 20 balls, 2 are pink, 7 are green, 4 are white, 5 are black, and 2 are orange. If the first ball chosen is
pink and not replaced, what is the probability that the next ball is black?
A.1/10
B.15/63
C.2/19
D.5/19

Answers

Answer:

The answer is D 5/19.

Step-by-step explanation:

There are 20 balls and one git removed then 5 are black so you put 5 over the number of balls 20.

need help with slopes..

Answers

Y intercept is -7 slope is 0 and the type of slope is 0 I think

Answer:

Step-by-step explanation:

y-intercept:  -7

type of slope:  0

slope: y=0x-7

slope's hard ;_;

David has 4 bales of hay for his 13 cows. What is an equivalent ratio of cows to bales of hay

Answers

Answer:

13 : 4

Step-by-step explanation:

13 : 4

he has 13 cows and he has 4 bales of hay so 13:4

you can't simplfy it so its still 13 : 4


If 6 x 7 = 26 +0, find the number that belongs in the box.
211

Answers

Answer: 185 sorry if wrong

The amount of time it takes a swimmer to swim a race is inversely proportional to the average speed of the swimmer. A swimmer finishes a race in 25 seconds with an average speed of 6 feet per second. Find the average speed of the swimmer if it takes 50 seconds to finish the race.

Answers

9514 1404 393

Answer:

  3 feet per second

Step-by-step explanation:

If the time is multiplied by 2, the inverse relationship tells you the speed is multiplied by 1/2.

  (1/2)(6 ft/s) = 3 ft/s

The swimmer's average speed is 3 ft/s.

The price of a television was reduced from $250 to $200. What was the percent decrease in price? HELPP? ILL GIVE YOU A BRAINLLEST?!!

Answers

Answer:

20%

I hope this is good enough:

Which reason justifies statement 2?

A) Vertical angles are congruent

B) Corresponding angles are congruent

C) Alternate interior angles are congruent

D) Alternate exterior angles are congruent

Answers

Answer:

Step-by-step explanation:

Is b) corresponding angles are congruent.

The reason that justifies statement two: "Angle Y ≅ Angle 4", is option C "Alternate interior angles are congruent".

What are congruent angles?

Angles that are of the same measurement are called congruent.

Suppose that two angles ∠A and ∠B are of the same measure, then

[tex]m\angle A = m\angle B[/tex] is the notation to say that they are of the same measurement, where the small m shows that it's the measurement's the angles they're preceding.

We can see that angle Y and angle 4 are two alternate angles within the two parallel lines cut across by the transversal, therefore, they are called alternate interior angles.

Since Alternate interior angles are always congruent to each other.

Thwithefore, the reason that justifies statement two: "Angle Y ≅ Angle 4", is "Alternate interior angles are congruent".

Learn more about congruent triangles here:

https://brainly.com/question/16921692

#SPJ6

Can someone please help me QUICK‼️

Answers

Answer:

C and D

Step-by-step explanation:

Use a calculator for the sq rt

Find the value of this question ​

Answers

Answer:

the expression is equal to 0

A function is negative over the intervals
{x 1-0 What are the zeros for the function?
3
-3,3
-3

Answers

Answer:

-3 and 3

Step-by-step explanation:

Evaluate the expression 8-3×2+5

Answers

Answer:

7

Step-by-step explanation:

First do 3x2 to get 6, and then do 8-6, which is 2, and add that to 5 to get 7

23.5 + - (-62.74) = ​

Answers

Answer:

-39.24

Step-by-step explanation:

mark me brainliest plz

Answer:

86.24

Step-by-step explanation:

23.5 + - (-62.74) = ​

Distribute the negative with (-62.74)

23.5+62.74

Add

86.24

Explain how multiplying fractions and dividing fractions are alike and how they are different. ​

Answers

Answer:

Multiplying and dividing fractions are essentially the same process which you multiply the numbers straight across and no need for common denominators. Except in division of fractions, the second fraction is flipped so that the denominator is on the top and the numerator is on the bottom (reciprocal).

Step-by-step explanation:

Example:

[tex]\frac{3}{4} * \frac{1}{5} = \frac{3}{20}[/tex]

[tex]\frac{3}{4}[/tex] ÷ [tex]\frac{1}{5} = \frac{3}{4} * \frac{5}{1} = \frac{15}{4}[/tex]

plz helpppppppp me thxs​

Answers

Answer:thxxxxxxs for the points

Step-by-step explanation:

Which expression is equivalent to 20y - 5


a.4(5y-1)


b.20(y-5)


c.5(4y-1)


d.y(20-5)

Answers

b.20(y-5)

Step-by-step explanation:

not sure ops sorry

What is the length of segment AC?

Answers

Answer:

It is 10 Units

Step-by-step explanation:

Mark me brainliest please :)

also this is EDG 2020

Answer:

10 units

Step-by-step explanation:

In the given figure, we may plot a point B with the coordinate pair (-5,-1).

Lets now draw a triangle ABC by connecting A and C with B perpendicularly.

We now know that,

AB = 5+3 = 8 units

CB=1+5= 6 units

[tex]As\ the\ drawn\ triangle\ is\ a\ right\ triangle, \ as\ angle\ CBA\ is\ 90\ degrees.\\Through\ Pythagoras\ Property,\ we\ may\ conclude\ that\ :\\ AB^{2} + BC^2 = CA ^2\\Hence, \\8^2+6^2=AC^2\\64+36=AC^2\\100=AC^2\\AC=10[/tex]

A project has each of the following characteristics except ____.
A. Clearly defined scope, deliverables, and results.
B. An estimated budget that is subject to a high degree of uncertainty.
C. Low risk with a high profit potential or benefits.
D. An estimated time frame or schedule that is subject to a high degree of uncertainty.

Answers

Answer:

C. Low risk with a high profit potential or benefits.

Step-by-step explanation:

I hope this helps.

How many solutions does the absolute value equation have?

I x - 3 I + 2 = -2

Answers

9514 1404 393

Answer:

  the correct answer is marked

Step-by-step explanation:

When the graph of the left side of the equation does not intersect the graph of the right side of the equation, there are no solutions.

__

Additional comment

Even if you extend the domain to complex numbers, there are no solutions. The f(x) = |x| function always returns a positive real value, even for complex numbers.

Choose the ratio that is equivalent to 4:6.
Group of answer choices
3:6
4:8
8:12
8:10

Answers

Answer:

8:12

Step-by-step explanation:

Answer:

8:12

Step-by-step explanation:

Both numbers are multiplied by 2

Jenna has a piece of paper that is 99 3/4 square inch in Area.
It is 10 1/2 inches long.
What is the width of the piece of paper in inches?

Answers

Answer:

Width is 9 1/2 in.

Step-by-step explanation:

My reasoning is that, since youve gotten the area (99 3/4), your asked to find the width. You have the length which is 10 1/2. In this situation youre expected to divide. What you divide is 99 3/4 by 10 1/2. If you calculate this, you get a quotient of 9 1/2. I’m not very ethical at explanations, but I hope you found it helpful somehow.

what you can multiple and get 11​

Answers

Answer:

11 x 1 = 11

hope this helped

Brainliest please <3

Answer:

11*1

Step-by-step explanation:

I'm sorry that's all I can think of.

Point M lies on the line segment connecting L(-4, 2) and N (2,-4). If M partitions the segment in the ratio 1:2, what are the coordinates of M?

Answers

AWSER is C
~ Give me a like if this helps ⚡️

Need help with this math problem look at the picture. ​

Answers

Answer:

Square Root of 35

Step-by-step explanation:

5 * 7 = 35

Answer:

5.91607978309

Step-by-step explanation:

Chloe prepared 28 kilograms of dough after working 7 hours. How much dough did Chloe prepare if she worked for 8 hours? Assume the relationship is directly proportional.

Answers

Answer:

Chloe prepared 32 kilograms if she worked for 8 hours.

Step-by-step explanation:

28 ÷ 7 = 4

4 kilograms per hour worked

4 × 8 = 32

Answer:

32 kilograms

Step-by-step explanation:

The proportion of kilograms of dough to the number of hours worked is [tex]\frac{28}{7}[/tex] which equals to 4 kilograms / hour.

You multiply 4 kilograms/hour by the number of hours she worked which is 8 hours so 4 kg/hour (8 hours) = 32 kilograms.

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