Statistics homework help needed

Sigchi4life
Category:
Statistics
Price: $10 USD

Question description

Suppose a life insurance company sells a $170,000 one year term life insurance policy to a 22 year old female for $350. The probability that the female survives the year is 0.999544. Compute and interpret the expected value of this policy to the insurance company. 

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(Top Tutor) Daniel C.
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