Statistics Help

arrowheadrocks · 07-12-2006, 07:00 PM

I am helping a friend with her stats homework and its been way too many years for me. Can anyone help? Here is her problem:

The CNA Insurance Company charges Mike $250 for a one year $100,000 life insurance policy. Because Mike is a 21 year old male, there is a 0.9985 probablility that he will live for a year .

Fill the following chart:

X = x P(X = x) x - P(X = x) x^2 - P(X = x)

**IA_Chiefs_fan** · 07-12-2006, 07:02 PM

The answer is FALSE.

arrowheadrocks · 07-12-2006, 07:13 PM

Gee thanks

07-12-2006, 07:00 PM
arrowheadrocks Starter Join Date: Aug 2003 Casino cash: $10004900	Statistics Help I am helping a friend with her stats homework and its been way too many years for me. Can anyone help? Here is her problem: The CNA Insurance Company charges Mike $250 for a one year $100,000 life insurance policy. Because Mike is a 21 year old male, there is a 0.9985 probablility that he will live for a year . Fill the following chart: X = x P(X = x) x - P(X = x) x^2 - P(X = x)
Posts: 946

07-12-2006, 07:02 PM	#2
IA_Chiefs_fan Supporter Join Date: Jun 2002 Casino cash: $2389714	The answer is FALSE.
Posts: 2,032

07-12-2006, 07:13 PM	#3
arrowheadrocks Starter Join Date: Aug 2003 Casino cash: $10004900	Gee thanks __________________ "Dont be stupid, stupid....Dont yes or no me!" Dear Lord, thank you for Dante, the Priest, TrENT, and lil' Dicky V." "We are not a smart football team..." -- Rich Gannon "We've got to be the dumbest team in America...Period." -- Coach Billy Bob Callahan
Posts: 946