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Consider the following table. Amount of Life Insurance on Husband (thousands of $) 50 100 100 150 0 50 More than 150 0 50 200

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Answer #1

Total = N= 400+200+50+50+50+50+30+369+20+10+25+170+20+338+101+15

=1898

Given the wife has between $0 and $50,000 of insurance the probability that the husband has more than $150,000 of insurance

50 1898

=0.0263

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