You have just spoken to your insurance agent and you are interested in investing in a 20-Payment Life insurance policy. Given th
at you are a 25-year-old healthy female, determine the annual premium for a policy with a face value of $55,000.Use the table provided below and round your answer to the nearest cent where necessary.
a.
$1,377.20
c.
$1,427.80
b.
$790.90
d.
$1,475.65
a.
$1,377.20
c.
$1,427.80
b.
$790.90
d.
$1,475.65
2 answers:
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Answer:
a.
b-Check illustration below
c.(-0.0517,0.0177
Step-by-step explanation:
a.let denote processes 1 & 2.
For : T1=10,n1=200
For :T2=20,n2=300
Therefore
b. To test for hypothesis:-
i.
ii.For a two sample Proportion test
iii. for (0.5 alpha IS 0.025),
reject if
iv. Do not reject . The noncomforting proportions are not significantly different as calculated below:
z=-0.78
c. for the p1-p2 is given as:
=(-0.0517,+0.0177)
*CI contains o, which implies that proportions are NOT significantly different.
Answer:
The probability is 3/5
Step-by-step explanation:
Given,
Sample space, S = {1, 2, 3, 4, 5, 6, 7, 8, 9, 10},
⇒ n(S) = 10,
Odd numbers less than 7 = 1, 2, 3, 4, 5 and 6
i.e. E = {1, 2, 3, 4, 5, 6}
⇒ n(E) = 6,
So, the probability of the event E,