here is a probability that a randomly selected 30​-year-old male lives through the year. A life insurance company charges ​$154 for insuring that the male will live through the year. If the male does not survive the​ year, the policy pays out ​$ as a death benefit. Complete parts​ (a) through​ (c) below. Question content area bottom Part 1 a. From the perspective of the ​-year-old ​male, what are the monetary values corresponding to the two events of surviving the year and not​ surviving? The value corresponding to surviving the year is ​$ negative 195. The value corresponding to not surviving the year is ​$ 99,805. ​(Type integers or decimals. Do not​ round.) Part 2 b. If the ​-year-old male purchases the​ policy, what is his expected​ value? The expected value is ​$ enter your response here.

Answers

Answer 1

Answer: a. From the perspective of the 30-year-old male, the monetary value corresponding to surviving the year is -$154 (the cost of the insurance policy). The monetary value corresponding to not surviving the year is $99,805 (the death benefit payout).

b. If the 30-year-old male purchases the policy, his expected value can be calculated using the formula:

Expected Value = (Probability of Event A) * (Value of Event A) + (Probability of Event B) * (Value of Event B)

In this case, the probability of surviving the year and not surviving the year can be assumed to be the same, as we don't have any specific information on the individual's health or life expectancy. Therefore, the probabilities can be assumed to be 0.5 each.

Plugging in the values, we get:

Expected Value = (0.5) * (-$154) + (0.5) * ($99,805) = ($50,326)

So, the expected value for the 30-year-old male purchasing the policy is $50,326.

Step-by-step explanation:


Related Questions

How do you solve the problem: 5/8 * a/b = - 1/4?

Answers

Answer:a=-2

b=5

Step-by-step explanation:

[tex]\frac{a}{b} =\frac{\frac{-1}{4} }{\frac{5}{8} } \\\frac{a}{b} =\frac{-1}{4}*\frac{8}{5}\\\frac{a}{b}=-2/5[/tex]

Linda and Rob charged a $67.44 restaurant bill on their credit card. They gave the card to the waitress, who accidentally transposed two digits and charged them $76.44. They did not notice this until they received their statement later that month. Their card has an 18% APR.

They plan to pay their monthly statement amount in full, but they need to deduct the amount they were overcharged, plus the finance charge that was based on the incorrect amount. If the overcharged amount was on their statement for 18 of the 31-day billing cycle, how much should they deduct from this monthly statement, including the amount they were overcharged?

Answers

Answer:

Step-by-step explanation:

a

What is the doubling time for the investment? Round answer to 1 decimal place.
The amount of money in an investment is modeled by the function A(T)=650(1.0455)^T. The variable A represents the investment balance in dollars, and T the number of years.

Answers

The doubling time for the investment as required to be determined is; 15.58 years.

What is the value of the investments doubling time?

It follows from the task content that the model function is;

A(T)=650 (1.0455) ^T

For doubling time;

2 = (1.0455)^T

ln (2) = T ln (1.0455)

T = ln 2 / ln (1.0455)

T = 15.58 years.

Ultimately, the doubling time of the investment as required is; 15.58 years.

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(Hari Bahadur sold a watch after allowing 20% discount and then adding 13% VAT. If the discount amount is Rs.192 more than VAT amount then find the marked price and selling price of the watch.)​

Answers

Answer: Let's assume that the marked price of the watch is M.

The discount amount would be 20% of M, which can be calculated as:

0.2 * M = 0.2M

The selling price after the discount would be:

M - 0.2M = 0.8M

The VAT amount would be 13% of the selling price after the discount, which can be calculated as:

0.13 * 0.8M = 0.104M

Now, as the discount amount is Rs.192 more than the VAT amount, we can write an equation:

0.2M = 0.104M + 192

0.096M = 192

M = 192 / 0.096 = 2000

So, the marked price of the watch is Rs.2000 and the selling price after the discount and VAT is 0.8M = 0.8 * 2000 = 1600.

Step-by-step explanation:

Dodi has 2 cups of liquid starch and will use the entire amount. She plans to store the slime in containers that each hold a maximum of 6 fluid ounces how many containers will she need (hint 2 cups = 16 fluid ounces

Answers

The number of containers needed is given as follows:

3 containers.

How to obtain the number of containers needed?

The number of containers needed is obtained applying the proportions in the context of this problem.

She has 2 cups, hence the number of fluid ounces that she has is given as follows:

16 fluid ounces.

Each container holds a total of 6 fluid ounces, hence the number of containers needed is given as follows:

16/6 = 3 containers.

(rounding up).

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Amy has three times as many Star Wars toys as Carly. Total they have 312 Star Wars toys. how many Star Wars toys does Amy have?

Answers

Answer:

the answer to this question is 936

A. 188.5in²
B. 94.25in²
C. 133.5in²
D. 149.25in²

Answers

Answer:B

Step-by-step explanation:

area of triangle is (10*11)/2=55

area of semicircle is

[tex]d=2r\\r=10/2=5\\s=\pi r^{2} /2=25\pi /2=39.25\\39.25+55=94.25[/tex]

What is the circumference of this circle?
Use π = 3.14
6 cm

Answers

Answer is
If 6cm is Radius, = 37.68
If 6m is Diameter, = 18.84

Formula
C = 2 pi r
C = circumference
pi = the constant pi 3.14
r = radius of the circle

Radius of 6
C= 2 x 3.14 x 6 = 37.68

Diameter of 6
Divide by 2 to get radius of 3
C = 2 x 3.14 x 3 = 18.84

A baseball team plays in a stadium that holds 66000 spectators. With the ticket price at $9 the average attendance has been 28000. When the price dropped to $7, the average attendance rose to 33000. Find a demand function D(q), where q is the quantity/number of the spectators. (Assume D(g) is linear) D(q) =​

Answers

The demand function of the question is expressed as;

D(q) = -²/₅₀₀₀q + 14.6

How to find the Demand Function?

The formula to find the slope between two coordinates is;

m = (y2 - y1)/(x2 - x1)

The coordinates we are given are;

(28000, 9) and (33000, 7)

Thus;

Slope; m = (7 - 9)/(33000 - 28000)

m = -2/5000

Now, the equation of a line in point slope form is;

y - y1 = m(x - x1)

Where (x1, y1) is (28000, 9)

y - 9 = (-2/5000)(x - 28000)

y - 9 = -²/₅₀₀₀x + 5.6

y = -²/₅₀₀₀x + 14.6

This can be rewritten as a demand function; D(q) = -²/₅₀₀₀q + 14.6

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Please help me with this question

Answers

Answer:

120°

Step-by-step explanation:

360 / 12

30 X (5-1)

30 X 4= 120°

The value of a motorcycle changes according to the equation V=5,000(1.03)t^, where V= value in dollars and t= time in years.

Use the dropdowns to complete the statements.


In the equation, the number 5,000 represents the ________ of the motorcycle. The value of the motorcycle is __________ at a rate of ________ per year.

Answers

In the equation, the number 5,000 represents the initial value of the motorcycle. The value of the motorcycle is increasing at a rate of 3% per year.

What are Exponential Functions?

Exponential functions are functions where the independent variable, x is in the exponent.

The given exponential equation is,

V = 5,000 (1.03)^t

Here V represents the value of the motorcycle in t years.

When t = 0,

V = 5000 (1.03)⁰ = 5000

So 5000 represents the initial value of the motorcycle.

V = 5,000 (1 + 0.03)^t

At t = 0, V = 5000

At t = 1, V = 5000 (1.03)¹ = 5150

At t = 2, V = 5000 (1.03)² = 5304.5

So the value of the motorcycle is increasing.

The rate is 0.03 or 3%.

Hence, 5,000 represents the initial value of the motorcycle and the value of the motorcycle is increasing at a rate of 3% per year.

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in a certain test, there is a multiple choice question with the possible answers a, b, c, d, and e. By randomly guessing, the chances of getting the correct answer are stated as "1 in 5."Express the indicated degree of likelihood a a probability value between 0 and 1 inclusive

Answers

To express the indicated degree of likelihood as a probability value between 0 and 1, we can convert the fraction "1 in 5" into a decimal.

The fraction 1/5 can be written as a decimal as 0.2, which is a value between 0 and 1, inclusive.

So, the probability of correctly answering the question by randomly guessing is 0.2 or 20%.

Hope this helps you! :)

Verify the Identity.

Answers

Step-by-step explanation:

[tex] \frac{ \tan( \alpha ) }{1 + \sec( \alpha ) } = - \cot( \alpha ) + \csc( \alpha ) [/tex]

Multiply by 1-sec(a)

[tex] \frac{ \tan( \alpha ) (1 - \sec( \alpha ) }{(1 + \sec( \alpha ) )(1 - \sec( \alpha ) )} [/tex]

[tex] \frac{ \tan( \alpha ) - \tan( \alpha ) \sec( \alpha ) }{1 - \sec {}^{2} ( \alpha ) } [/tex]

[tex] \frac{ \tan( \alpha ) }{1 - \sec {}^{2} ( \\ \alpha ) } - \frac{ \tan( \alpha ) \sec( \alpha ) }{1 - \sec {}^{2} ( \alpha ) } [/tex]

[tex] \frac{ \tan( \alpha ) }{ - \tan {}^{2} ( \alpha ) } + \frac{ \tan( \alpha ) \sec( \alpha ) }{ \tan {}^{2} ( \alpha ) } [/tex]

[tex] - \frac{1}{ \tan( \alpha ) } + \frac{ \sec( \alpha ) }{ \tan( \alpha ) } [/tex]

[tex] - \cot( \alpha ) + \frac{ \frac{1}{ \cos( \alpha ) } }{ \frac{ \sin( \alpha ) }{ \cos( \alpha ) } } [/tex]

[tex] - \cot( \alpha ) + \frac{1}{ \sin( \alpha ) } [/tex]

[tex] - \cot( \alpha ) + \csc( \alpha ) [/tex]

PLEASE HELP WILL GIVE BRAINIEST!!

At what point does the graph of a function of this form start?

Answers

The start point the graph of a function of this form is (h, k)

How to determine the start of the function

From the question, we have the following parameters that can be used in our computation:

f(x) = a√(x - h) + k

The domain is given as

x ≥ h

This means that the initial x value is h

From the question, we have the following parameters that can be used in our computation:

f(h) = a√(h - h) + k

Evaluate

f(h) = k

Hence, teh initial point is (h, k)

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f(x) = x4 - 7x3 + 2x2 + 40x ; x-5

Answers

The value of f(5) is 0 in the function f(x) = x⁴ - 7x³ + 2x² + 40x

What is a function?

A relation is a function if it has only One y-value for each x-value.

The given function is f(x) = x⁴ - 7x³ + 2x² + 40x and given x-5 such that x=5

We need to find the value of f(5)

Plug x=5 in the above function

f(x) = x⁴ - 7x³ + 2x² + 40x

f(5) = 5⁴ - 7(5)³ + 2(5)² + 40(5)

=625-875+50+200

=0

Hence, the value of f(5) is 0 in the function f(x) = x⁴ - 7x³ + 2x² + 40x

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Complete question is below

f(x) = x⁴ - 7x³ + 2x² + 40x and given x-5 find value of f(5)


A student moves into a bigger apartment that rents for $750 per month. That rent is $200 less than twice what she had been paying. Find her former
rent in dollars.

Answers

Answer:

$475

Step-by-step explanation:

x = former rent

2x - 200 = 750

2x = 750 + 200 = 950

x = 950/2 = 475

Consider the two triangles. How can the triangles be proven similar by the SSS similarity theorem?

Answers

Answer:if their corresponding sides are proportional.

Step-by-step explanation:

A dolphin is at the surface of the ocean.What is the dolphin’s elevation?

Answers

Answer:

0

Step-by-step explanation:

surface of ocean = sea level = elevation of zero


The dolphin is at the surface of the ocean, that is at sea leave, and therefore it is at zero elevation

Alba Isabel bought a Bluray disc player on sale for $219.99. What is the sales tax if Alba lives in Kingston, New York, where the state tax is 4% and the county tax is 4%?

Answers

The sales tax on the Bluray disc player is $17.60.

What is percentage ?

Percentage can be defined as product of ratio of given value, total value and hundred.

To calculate the sales tax on the Bluray disc player, we need to add the state tax and county tax to the sale price of the player.

First, we can calculate the amount of the state tax. The state tax rate is 4%, which can be expressed as a decimal by dividing by 100:

State tax rate = 4% = 0.04

To find the amount of state tax, we can multiply the sale price by the state tax rate:

State tax = 0.04 x $219.99 = $8.80

Next, we can calculate the amount of the county tax. The county tax rate is also 4%, so we can use the same method as above to find the county tax:

County tax rate = 4% = 0.04

County tax = 0.04 x $219.99 = $8.80

Now, we can find the total sales tax by adding the state tax and county tax:

Total sales tax = State tax + County tax

= $8.80 + $8.80

= $17.60

Therefore, the sales tax on the Bluray disc player is $17.60.

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Help please! Which of the following tables represents a relation that is a function? Explained answer please
A
B
C
D

Answers

Answer:

Step-by-step explanation:

THE ANSWER TO YOUR QUESTION IS C.

1 1/2 + 3 2/3 + 2/3 equals what?

Answers

Answer: 35/6 or 5 and 5/6

Step-by-step explanation:

Answer:

35/6

Step-by-step explanation:

which point is a solution for the system of inequalities shown in the graph below?

Answers

Answer: The answer to your problem is choice b

A student's course grades and their corresponding weights are given in the table.

What is the minimum grade needed on the final exam to earn an overall grade of 83% in the class

Answers

Answer: 75%

Step-by-step explanation: To calculate,

(0.1 x 100) + (0.3 x 80) + (0.2 x 95) + (0.4 x 75) = 83%

h(n) =4n+2
g(n)= n³ +5 - 2n
Find 3h(n) + 2g(n)

Answers

The solution of the expression 3h(n) + 2g(n) will be 2n³ -8n +16.

What is an expression?

Expression in maths is defined as the relation of numbers variables and functions by using mathematical signs like addition, subtraction, multiplication, and division.

Given that the two values are h(n) =4n+2 and g(n)= n³ +5 - 2n. The value of the expression 3h(n) + 2g(n) will be calculated as:-

E = 3h(n) + 2g(n)

E = 3 ( 4n+2 ) + 2 (n³ +5 - 2n)

E = 12n + 6 + 2n³ + 10 -4n

E = 2n³ + 8n + 6

Therefore, the answer to the equation 3h(n) + 2g(n) is 2n3 -8n +16.

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Every day Guido eats one Jolly Rancher. He can select from any of 5 choices each day. How many ways can Guido select candy for one week?

Answers

Guido can choose his Jolly Rancher in 78,125 different ways over the course of a week.

Guido chooses one sweet per day from a selection of five options; there are a total of five possible selections for a single day. Since there are seven days in a week, the sum of the ways Guido can choose candy over the course of a week equals the sum of the methods for each day.

Using the multiplication principle of counting

Total number of ways = 5 x 5 x 5 x 5 x 5 x 5 x 5

Simplifying this expression gives:

Total number of ways = 5^7

Using a calculator or by hand, we can compute:

Total number of ways = 78,125

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Rafael and Lucy, married taxpayers, each contribute $2,850 to their respective § 401(k) plans offered through their employers. The AGI reported on the couple's joint return is $40,500. Determine their credit for retirement plan contributions (the Saver’s Credit).

Answers

Answer:

Rafael and Lucy's credit for retirement plan contributions is $570.

Step-by-step explanation:

The Saver's Credit is a tax credit for low and moderate-income taxpayers who make contributions to a retirement plan. The credit is worth between 10% and 50% of the taxpayer's contributions, up to a maximum credit of $1,000 ($2,000 for married taxpayers filing jointly).

To determine the credit amount, we need to calculate the taxpayers' adjusted gross income (AGI) and their credit rate.

For the tax year in question, the AGI is $40,500 and the contribution limit is $2,850 per person. The total contribution amount is $2,850 x 2 = $5,700.

The credit rate is determined by the taxpayer's AGI and filing status, as follows:

For AGI up to $19,750 for married taxpayers filing jointly, the credit rate is 50%.

For AGI between $19,750 and $32,000 for married taxpayers filing jointly, the credit rate is 20%.

For AGI between $32,000 and $40,000 for married taxpayers filing jointly, the credit rate is 10%.

For AGI above $40,000 for married taxpayers filing jointly, the credit is not available.

Since the taxpayers' AGI is $40,500, the credit rate is 10%. The credit amount is calculated as follows:

Credit amount = Credit rate x Contribution amount

Credit amount = 10% x $5,700 = $570

So, Rafael and Lucy's credit for retirement plan contributions is $570.

does the equation y^2-y^2x = 6 describe y as a function of x

Answers

The equation y² - y²x = 6  can be describe as a function of x as:

y = √(6/(x - x)).

What is a function?

function is a relationship between inputs where each input is related to exactly one output.

Example:

f(x) = 2x + 1

f(1) = 2 + 1 = 3

f(2) = 2 x 2 + 1 = 4 + 1 = 5

The outputs of the functions are 3 and 5

The inputs of the function are 1 and 2.

We have,

y² - y²x = 6

Taking y² as common.

y²(1 - x) = 6

Divide both sides with (1 - x).

y² = 6/(1 - x)

Square root on both sides.

y = √(6/(x - x))

This is a function of x.

Thus,

y = √(6/(x - x)) is a function of x.

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That are a valid decomposition of c (x )such that c equals f ring operator g g (x )equals x squared f (x )equals cube root of x plus 1 end root g (x )equals x squared plus 1 f (x )equals cube root of x g (x )equals x plus 1 f (x )equals cube root of x squared end root g (x )equals cube root of x plus 1 f (x )equals x squared

Answers

By using the composition of functions, we can find valid decompositions of c(x) using f(x) = [tex](x+1)^{1/3}.[/tex] and g(x) = x²

A function is a rule that takes an input value and produces an output value.

One way to do this is to use the composition of functions. The composition of two functions f(x) and g(x) is denoted as f(g(x)). This means that we first apply g(x) to the input, and then apply f(x) to the output of g(x). In other words, we first evaluate g(x), and then plug that result into f(x) to get the final output.

Using this concept, let's look at the first set of functions. We are given

=> c(x) = f ◦ g (x) = (x²) f(x) = [tex](x+1)^{1/3}.[/tex]

This means that c(x) is the composition of two functions, f(x) and g(x). We can see that g(x) = x², and f(x) = [tex](x+1)^{1/3}.[/tex] This is a valid decomposition of c(x).

Similarly, in the second set of functions, we have

=> c(x) = f ◦ g (x) = [tex](x+1)^{1/3}[/tex] g(x) = x² + 1.

This means that c(x) is the composition of two functions, f(x) and g(x). We can see that g(x) = x² + 1, and [tex](x+1)^{1/3}.[/tex] This is also a valid decomposition of c(x).

In the third set of functions, we have

=> c(x) = f ◦ g (x) = [tex](x+1)^{1/3}[/tex] g(x) = x + 1, and f(x) = [tex](x^2)^{1/3}=x^{2/3}[/tex]

This is another valid decomposition of c(x).

Finally, in the fourth set of functions, we have

=> c(x) = f ◦ g (x) = x² g(x) = [tex](x+1)^{1/3}[/tex], and f(x) = [tex]x^{2/3}[/tex].

This is yet another valid decomposition of c(x).

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Find the volume of the parallelopiped with adjacent edges PQ, PR, PS where
P(-3, 3, 2), Q(-1, 6, 5), R(-4, 2, 1), S(3, 1, 4).

Answers

The volume of the parallelopiped is 4

How to solve for the volume

We have to solve this with the use of matrix system in math

PQ, PR, PS where

P(-3, 3, 2), Q(-1, 6, 5), R(-4, 2, 1), S(3, 1, 4)

we have to find

Q - P

(-1, 6, 5) - (-3, 3, 2)

= (2, 3, 3)

R - P

R(-4, 2, 1) - (-3, 3, 2)

= ( -1 , -1, -1)

S - P

S(3, 1, 4) - (-3, 3, 2)

= (6 , -2, 2)

we would have [tex]\left[\begin{array}{ccc}2&3&3\\-1&-1&-1\\6&-2&2\end{array}\right][/tex]

the determinant of the matrix is the volume

2[(-1 * 2) - 3[(-1x2)-(6x-1)] + 3[(-1x-2) -(6 x -1)]

= -8 - 12 + 24

= 4

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A sign for truck drivers states that the road ahead has a constant slope of 2 in 11. This means that for every 11m horizontally its rises 2m.
a. Over what horizontal distance will the road rise 300m?
b. What is the length of the road [AB]?

Answers


a. Over a horizontal distance of 1500m, the road will rise 300m. This can be calculated by multiplying the constant slope of 2 in 11 by 300, which gives the result of 1500.

b. The length of the road [AB] is not known, as it depends on the shape of the road. If the road is a straight line, then the length of the road can be calculated using the Pythagorean theorem. However, if the road is curved, then the length of the road cannot be determined without knowing the shape of the road.
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