Suppose a life insurance company sells a ​$230,000 ​one-year term life insurance policy to a 25 ​-year-old female for ​$

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answerhappygod
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Suppose a life insurance company sells a ​$230,000 ​one-year term life insurance policy to a 25 ​-year-old female for ​$

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Suppose a life insurance company sells a ​$230,000 ​one-yearterm life insurance policy to a 25 ​-year-old female for ​$180 .The probability that the female survives the year is 0.999518 .Compute and interpret the expected value of this policy to theinsurance company.
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