From actuary tables Washington Insurance Company determined the likelihood that a man age 25 will die within

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From actuary tables Washington Insurance Company determined the likelihood that a man age 25 will die within the next year is 0.002. If Washington Insurance sells 4,000 policies to 25-year-old men this year, what is the probability they will pay on exactly one policy?
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Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

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