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What is the probability all five men survive the year

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Reference no: EM13867980

Brooks Insurance Inc. wishes to offer life insurance to men age 60 via the Internet. Mortality tables indicate the likelihood of a 60-year-old man surviving another year is .98. If the policy is offered to five men age 60:

a. What is the probability all five men survive the year?

b. What is the probability at least one does not survive?

Reference no: EM13867980

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