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<div class="d-none"><math>
An insurance company has 1,00 policies on men of age 50. The company estimates that the probability that a man of age 50 dies within a year is
\newcommand{\NA}{{\rm NA}}
\newcommand{\mat}[1]{{\bf#1}}
\newcommand{\exref}[1]{\ref{##1}}
\newcommand{\secstoprocess}{\all}
\newcommand{\NA}{{\rm NA}}
\newcommand{\mathds}{\mathbb}</math></div> An insurance company has 1,00 policies on men of age 50.  
The company estimates that the probability that a man of age 50 dies within a year is
.01.  Estimate the number of claims that the company can expect from beneficiaries of
.01.  Estimate the number of claims that the company can expect from beneficiaries of
these men within a year.
these men within a year.

Latest revision as of 17:40, 14 June 2024

An insurance company has 1,00 policies on men of age 50. The company estimates that the probability that a man of age 50 dies within a year is .01. Estimate the number of claims that the company can expect from beneficiaries of these men within a year.