The probability that a 42-year -old man will die before his 43rd birthday is about 0.29%.If an insurance company insures 30,000 42-year -old men,how many are expected to die before their 43rd birthdays?

Question

Quizplus · Accepted Answer

The expected value is equal to the probability of an event occurring multiplied by the number of trials. 
Expected value = 0.29% * 30,000 = 87. Therefore, we can expect that 87 of the 30,000 42-year-old men will die before their 43rd birthdays.

The Probability That a 42-Year -Old Man Will Die Before