This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Find the expected value.The prizes that can be won in a sweepstakes are listed below together with ... (Read 37 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524
on: Jan 18, 2020

Question 1

Find the expected value.

A 28-year-old man pays $57 for a one-year life insurance policy with coverage of $130,000. If the probability that he will live through the year is 0.9994, what is the expected value for the insurance policy?
◦ $129,922.00
◦ $21.00
◦ -$56.97
◦ $78.00

Question 2

Find the expected value.

The prizes that can be won in a sweepstakes are listed below together with the chances of winning each one:
Find the expected value of the amount won for one entry if the cost of entering is 57 cents.
◦ $0.68
◦ $0.62
◦ $1.21
◦ $100.00
Statistical Reasoning for Everyday Life ¦ Bennett, Briggs, Triola ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bio_gurl on Jan 18, 2020

Jossy

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jan 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


bio_gurl

  • Member
  • Posts: 524
Reply 2 on: Jan 18, 2020
YES! Correct, THANKS for helping me on my review

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

A whistle stop used to find top dead center. Remove the spark plug and install the whistle stop, ... A whistle stop used to find top dead center. Remove the spark plug and install the whistle stop, ...
How to find the slope of a line using any two points How to find the slope of a line using any two points
Find the derivative of f(x) = 6x^3 - 9x + 4 Find the derivative of f(x) = 6x^3 - 9x + 4
Determine if each function is continuous, If the function is not continuous, find the x-axis Determine if each function is continuous, If the function is not continuous, find the x-axis
Find derivative using quotient rule Find derivative using quotient rule
Find all t1, t2, t3 ∈ R such that Find all t1, t2, t3 ∈ R such that
Video: X chromosome inactivation in calico cats

For a complete list of videos, visit our video library