Revision as of 17:40, 14 June 2024 by Admin
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
BBy Bot
Jun 09'24

Exercise

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.