There is a 0.9983 probability that randomly that selected 32-year- old male lives through the year. A life insurance company charges a $183 for insuring that the male will live through the year. If the male does not survive the year the policy pays out $100,000 as death benefit.

(a) From the perspective of a 32-year old male, what are the monetary values corresponding to the two events of serving the year and not surviving

The value corresponding to surviving the year is $--------

The value corresponding to not surviving the year is $-------------

(b) If what the 32-year old male purchases the policy, what is his expected value

(c) can the insurance company expect to make profit from many such policy. why?