The probability that a30-year-oldmalein the U. will die within one year is about0.00142. An insurance company is preparing to sell a30-year-oldmalea...
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The probability that a 30-year-old male in the U.S. will die within one year is about 0.00142. An insurance

company is preparing to sell a 30-year-old male a one-year, $65,000 life insurance policy. How much should it charge for its premium in order to have a positive expectation for the policy? (Round your answer to the nearest dollar.)

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The insurance company must charge at... View the full answer

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Company should charge for alteast $92.3... View the full answer

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