Probability of Female Age A 30-year-old woman wants to purchase a $100,000 one-year life insurance policy. What should the insurance company charge the woman for the policy if it wants an expected profit of $80? Death 0.00060 0.00080 0.00095 20 30 40 50 0.00315 The company should charge her $

How to solve?

Classical the following statement a san example of classical probability, empirical probability, or subjective probability. Explain your reasoning. An analyst feels that a certain stock's probability of increasing in price over the next month is 0.49. This is an example of what probability, since the stock's chance if increasing in price is the same in every month.

= O PROBABILITY Conditional probability: Basic It is estimated that 88% of senior citizens suffer from sleep disorders and 8% suffer from anxiety. Moreover, 5% of senior citizens suffer from both sleep disorders and anxiety. Answer the questions below. (If necessary, consult a list of formulas.) (a) Find the probability that a senior citizen suffers from anxiety, given that he or she has sleep disorder. Round your answer to 2 decimal places. (b) Given that a senior citizen suffers from anxiety, what is the probability that he or she also suffers from sleep disorder? Round your answer to 2 decimal places. 0 1/5 X Abigail Españ ? 0 As M