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Suppose a life insurance company insures the lives of 1000

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Suppose a life insurance company insures the lives of 1,000 men aged 30. If actuarial studies show that the probability that any 30-year old man will die in a given year to be 0.003, find the probability that the company will have to pay x=1 claims during a given year.

Reference no: EM13629602

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