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 26 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
Thanks for the timely response, appreciate it

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Associate’s degrees or vocational degrees can help individuals find rewarding and productive ... Associate’s degrees or vocational degrees can help individuals find rewarding and productive ...
A water spray bottle is an excellent diagnostic tool to help find an intermittent engine misfire ... A water spray bottle is an excellent diagnostic tool to help find an intermittent engine misfire ...
How to find the definite integral using the fundamental theorem of calculus (Part 1) How to find the definite integral using the fundamental theorem of calculus (Part 1)
How to find the equation of a line that is parallel to a line passing through a point How to find the equation of a line that is parallel to a line passing through a point
How to find the unknown angle of a triangle using the sine law (Part 1) How to find the unknown angle of a triangle using the sine law (Part 1)
1) (a) What is Coulomb?s Law? (b) Find the net electrostatic force on the charge labeled ?P? in ... 1) (a) What is Coulomb?s Law? (b) Find the net electrostatic force on the charge labeled ?P? in ...
Video: Congenital Heart Defects Animation

For a complete list of videos, visit our video library