Question: There is a 0.9989 probability that a randomly selected 27=year~old male lives through the year. A life insurance company charges $145 for insuring that the

There is a 0.9989 probability that a randomly
There is a 0.9989 probability that a randomly selected 27=year~old male lives through the year. A life insurance company charges $145 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 benet. Complete parts (a) through (c) below. I , '1 a. From the perspective of the 27 yeah-old male what are the monetary values corresponding to the two events of surviving the year and not surviving? The value corresponding to sunrwing the year is sai ; _ 1' H L The value corresponding to not surviving the year is IS. (Type Integers or decimals Do not mind. ) IQ.\" " gaze

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