Life Insurance Statistics Help, PLEASE?

Life Insurance Statistics Help, PLEASE?

A life insurance company sells a term insurance policy to a 21-year-old male that pays $100,000 if the insured dies within the next 5 years. The probability that a randomly chosen male will die each year can be found in mortality tables. The company collects a premium of $250 each year as payment for the insurance. The amount X that the company earns on this policy is $250 per year, less the $100,000 that it must pay if the insured dies. Here is the distribution of X. Fill in the missing probability in the table and calculate the mean profit X. ————————————–… Age at death 21 22 23 24 25 26 ————————————–… Profit -$99,750 -$99,500 -$99,250 -$99,000 -$98,750 $1250 Probability 0.00185 0.00189 0.00191 0.00194 0.00198 ? ————————————–… ? = Mean profit = $ Thank u!

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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Life Insurance Statistics Help, PLEASE?

A life insurance company sells a term insurance policy to a 21-year-old male that pays $100,000 if the insured dies within the next 5 years. The probability that a randomly chosen male will die each year can be found in mortality tables. The company collects a premium of $250 each year as payment for the insurance. The amount X that the company earns on this policy is $250 per year, less the $100,000 that it must pay if the insured dies. Here is the distribution of X. Fill in the missing probability in the table and calculate the mean profit X. ————————————–… Age at death 21 22 23 24 25 26 ————————————–… Profit -$99,750 -$99,500 -$99,250 -$99,000 -$98,750 $1250 Probability 0.00185 0.00189 0.00191 0.00194 0.00198 ? ————————————–… ? = Mean profit = $ Thank u!

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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Life Insurance Statistics Help, PLEASE?

A life insurance company sells a term insurance policy to a 21-year-old male that pays $100,000 if the insured dies within the next 5 years. The probability that a randomly chosen male will die each year can be found in mortality tables. The company collects a premium of $250 each year as payment for the insurance. The amount X that the company earns on this policy is $250 per year, less the $100,000 that it must pay if the insured dies. Here is the distribution of X. Fill in the missing probability in the table and calculate the mean profit X. ————————————–… Age at death 21 22 23 24 25 26 ————————————–… Profit -$99,750 -$99,500 -$99,250 -$99,000 -$98,750 $1250 Probability 0.00185 0.00189 0.00191 0.00194 0.00198 ? ————————————–… ? = Mean profit = $ Thank u!

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes

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Life Insurance Statistics Help, PLEASE?

A life insurance company sells a term insurance policy to a 21-year-old male that pays $100,000 if the insured dies within the next 5 years. The probability that a randomly chosen male will die each year can be found in mortality tables. The company collects a premium of $250 each year as payment for the insurance. The amount X that the company earns on this policy is $250 per year, less the $100,000 that it must pay if the insured dies. Here is the distribution of X. Fill in the missing probability in the table and calculate the mean profit X. ————————————–… Age at death 21 22 23 24 25 26 ————————————–… Profit -$99,750 -$99,500 -$99,250 -$99,000 -$98,750 $1250 Probability 0.00185 0.00189 0.00191 0.00194 0.00198 ? ————————————–… ? = Mean profit = $ Thank u!


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BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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Life Insurance Statistics Help, PLEASE?

A life insurance company sells a term insurance policy to a 21-year-old male that pays $100,000 if the insured dies within the next 5 years. The probability that a randomly chosen male will die each year can be found in mortality tables. The company collects a premium of $250 each year as payment for the insurance. The amount X that the company earns on this policy is $250 per year, less the $100,000 that it must pay if the insured dies. Here is the distribution of X. Fill in the missing probability in the table and calculate the mean profit X. ————————————–… Age at death 21 22 23 24 25 26 ————————————–… Profit -$99,750 -$99,500 -$99,250 -$99,000 -$98,750 $1250 Probability 0.00185 0.00189 0.00191 0.00194 0.00198 ? ————————————–… ? = Mean profit = $ Thank u!


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car insurance quotes comparison