What is the probability that the company will make more

Assignment Help Electrical Engineering
Reference no: EM13272140

Life Insurance: On average about 9 out of 1,000 people die prematurely in the United States each year.
(a) If a life insurance company wants to sell $100,000 life insurance policies to the public, how much should it charge each client in order to at least break even?
(b) Using the answer from part (a), what is the probability that the company will make more than $500,000 profit per 1000 clients in a given year?

Reference no: EM13272140

Questions Cloud

Develop an argument in response to problem of assimilation : you are to develop an argument in response to the problem of assimilation as experienced by the characters in Gish Jen's short story "In the American Society"
What friction force acts on the mass : A horizontal force of 5.0 N accelerates a 4.0 kg mass, from rest, What friction force acts on the mass
Discuss the hr responsibilities of supervisors : Your response should be at least 75 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accom..
Distinguish between disparate treatment, disparate impact : Distinguish between disparate treatment, disparate impact, and reasonable accommodation theories of discrimination in terms of (a) number of plaintiffs, (b) intent, and (c) defenses.
What is the probability that the company will make more : Life Insurance: On average about 9 out of 1,000 people die prematurely in the United States each year. (a) If a life insurance company wants to sell $100,000 life insurance policies to the public, how much should it charge each client in order to ..
State the osmotic pressure of a solution : What is the osmotic pressure of a solution made from dissolving 50.0g of glucose rm C6H12 O6 in 250mL of water at 36.0 C
Explain the impact of knowledge workers on the requirements : All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
Calculate the cash outflow under lease finance : Calculate the cash outflow under lease financ
What is the value of this endowment in today dollars : Assuming the cost of money is 5%, what is the value of this endowment in today's dollars? Show your work.

Reviews

Write a Review

Electrical Engineering Questions & Answers

  What is the minimum sampling rate to ensure quality data

The pumps exhibit a surging effect with a period of 2.2 sec. What is the minimum sampling rate to ensure quality data. How much time can be spent processing each station's data. Data acquisition hardware and software take 200µ sec for a channel.

  How much of that fm signal power finds way into clock radio

A typical commercial FM broadcast signal starts out at an effective power level around 100 KW (+80 dBm). How much of that FM signal power finds its way into the clock radio on your nightstand, or the radio in your car's dash

  Find the ratio between the power delivered to the same motor

However, for short-time operation, a delta connection can be used at the nominal wye voltage. Find the ratio between the power delivered to the same motor in the wye and delta connections.

  Calculate the force in pounds on the steel rod

The voltage output from a two active gage of Wheatstone bridge was 3.5 mV. The excitation voltage was 5 V. Nominal resistance of the strain gage was 350 ohms and the gage factor was 2.05. Calculate the force in pounds on the steel rod.

  Calculate the three-phase steady-state short-circuit current

A 150 MVA, 24 kV, 123% three-phase synchronous generator operates with an induced voltage that is twice the rated line-to-neutral voltage. Calculate the three-phase steady-state short-circuit current at the generator terminals.

  What local oscillator frequency would you use

For the local oscillator you selected, what transmission frequencies could cause interference to the satellite system and how could the interference be avoided? Show a diagram.

  Simulate the oscillator in simulink with a gain block

Wien Bridge Oscillator: Simulate the oscillator in Simulink with a gain block of 3.1 and a feedback transfer function of s/(1 + 3s + s2). Include a saturation element and limit the amplitude at 10v peak to peak.

  Write an assembly language program to turn the stepper motor

Write an assembly language program to turn the stepper motor. Start a new project. Set bits 1 to 4 of PORT P ($25A) to 1 (output direction) Do not set bits 0, and 5-7, setting these bits may produce unexpected results.

  Find the new internal emf ei and the power angle delta

find the new internal emf Ei and the power angle Delta. c) While delivering the reduced line current of part b, the mechanical power input and the excitation are further adjusted so that the machine operates at unity power factor at tits terminals..

  Determine the nyquist sampling rate for analog signals

A cell phone transmits voice signals on a carrier. the transmissions lie inbetween 900MHz to 900.03MHz. What minimum sampling rate should be choosen so that the transmisions will be recoverable from the digital samles

  Determine the induced internal voltage and torque angle

The input power to the geenrator is 100hp. When the generator is operating at rated values and unity power factor, the generator is 80% efficient. a.) Find the generator speed in rpm and rad/sec. b.) Find the mechanical torque supplied to the gener..

  Compute average power of fundamental frequency component

A signal has a fundamental frequency of 1000 Hz. What is its period? Assume the signal has a peak amplitude of 1 Volt and that the instantaneous power is equal to the square of the voltage, then compute the average power of the fundamental frequen..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd