Probability | 110 | Frostburg State University

There is a 

0.9983 

probability that a randomly selected 

33​-year-old 

male lives through the year. A life insurance company charges 

​$158 

for insuring that the male will live through the year. If the male does not survive the​ year, the policy pays out 

​$80,000 

as a death benefit. Complete parts​ (a) through​ (c) below.

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