THERE ARE MANY CURRICULUM DESIGN MODELS. This presentation discusses 5
October 10, 2021
For this assignment, you are considering the purchase of a
October 10, 2021

There is a 0.9983 probability that a randomly selected 33​-year-old

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.