PROBABILITY
 👍 0
 👎 0
 👁 132
Respond to this Question
Similar Questions

Math
It is estimated that are 21 deaths for every 10 million people who use airplanes. A company that sells flight insurance provides 100,000 in case of death in a plane crash. A policy can be purchased for $1. Calculate the expected
asked by Josh on December 5, 2013 
Statistics
A life insurance company sells a term insurance policy to a 21yearold 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
asked by Katja on December 3, 2010 
statistical reasioning
An actuary at an insurance company estimates from exsiting data that on a $1000 policy an average 1 and 100 policyholders will file a 20000 claim. in average of 1 in 200 policyolders will file a 50000 claim in average 1 in 500
asked by Melissa on May 21, 2010 
math
An actuary at an insurance company estimates from exsiting data that on a $1000 policy an average 1 and 100 policyholders will file a 20000 claim. in average of 1 in 200 policyolders will file a 50000 claim in average 1 in 500
asked by Melissa on May 22, 2010 
Precalculus
Records from the buzz sawmill show that workers have 0.03 probability of losing a leg and a 0.04 probability of losing an arm in any one year. Armand leg casualty insurance company plans to offer insurance policies for the
asked by Anonymous on June 9, 2014 
math
A 30 year old can buy $25,000 life insurance for $15/month. If the probability that the 30 year old will die is 0.14% find the insurance companies expected profit for the policy. (I want this in terms of their annual
asked by anonymous on July 10, 2011 
Probability
A 30 year old can buy $25,000 life insurance for $15/month. If the probability that the 30 year old will die is 0.14% find the insurance companies expected profit for the policy. (I want this in terms of their annual
asked by Anonymous on July 10, 2011 
business law
Eagle Sales Company owns a warehouse, subject to a mortgage obtained from First National Bank. Separately, Eagle and First National obtain insurance policies from Good Hands Insurance Inc., to cover the warehouse. Later, Eagle
asked by Missy on September 19, 2013 
law
Eagle Sales Company owns a warehouse, subject to a mortgage obtained from First National Bank. Separately, Eagle and First National obtain insurance policies from Good Hands Insurance, Inc., to cover the warehouse. Later, Eagle
asked by Anonymous on September 26, 2014 
Math Probability
An insurance sales representative selects 3 policies to review. The group of policies she can select from contains 8 life policies, 5 automobile policies, and 2 homeowner policies. Find the probability of selectingâ€ť (a) All life
asked by Mark on August 16, 2010