Question: I need help sloving this applied statistics problems 5.1.29 Question Help There is a 0.9988 probability that a randomly selected 27-year-old male lives through the
I need help sloving this applied statistics problems

5.1.29 Question Help There is a 0.9988 probability that a randomly selected 27-year-old male lives through the year. A life insurance company charges $156 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out $120,000 as a death benefit. Complete parts (a) through (c) below. a. From the perspective of the 27-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 $ . The value corresponding to not surviving the year is $. (Type integers or decimals. Do not round.) Enter your answer in the edit fields and then click Check Answer. 2 parts remaining Clear All Check
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