Consider the following table. Amount of Life Insurance on Husband (thousands of $) 0−50 50−100 100−150...
Consider the following table.
| Amount of Life Insurance on Husband (thousands of $) | |||||
|---|---|---|---|---|---|
| 0−50 | 50−100 | 100−150 | More than 150 | ||
|
Amount of Life Insurance |
0−50 | 400 | 200 | 50 | 50 |
| 50−100 | 50 | 50 | 30 | 249 | |
| 100−150 | 20 | 10 | 25 | 147 | |
| More than 150 | 20 | 268 | 176 | 15 | |
Given the husband has between $50,000 and $100,000 of insurance,
what is the probability that the wife has more than $150,000 of
insurance? Round your final answer to four decimal places. Do not
round intermediate answers.
Homework Answers
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Consider the following table.
Amount of Life Insurance on Husband (thousands of
$)
0−50
50−100
100−150...
Consider the following table. Amount of Life Insurance on Husband (thousands of $) 50 100 100...
Consider the following table. Amount of Life Insurance on Husband (thousands of $) 50 100 100 150 0 50 More than 150 0 50 200 400 50 50 Amount of Life 50 100 50 50 30 369 Insurance on Wife 100 150 20 10 25 170 (thousands of $) 20 338 101 15 More than 150 Given the wife has between $0 and $50,000 of insurance, what is the probability that the husband has more than $150,000 of insurance? Round...
According to an independent insurance agent, the following is a breakdown of the amount of life...
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According to an independent insurance agent, the following is a breakdown of the amount of life...
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