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According to the CDC, a woman’s risk for breast cancer is hi…

According to the CDC, a woman’s risk for breast cancer is higher if she has a mother, sister, or daughter (first-degree relative) or multiple family members on either her mother’s or father’s side of the family who have had breast or ovarian cancer.  Suppose you are an analyst at an insurance company and you have to analyze how different levels of health risk affect the fair pricing of life insurance. Consider the following scenario:  a group of 100 women, aged 30 – 50  20% have a family history if breast or ovarian cancer and face a 1 in 33 chance of dying in the next year the other 80% do not have a family history and face a 1 in 200 chance of dying The policy pays $150,000 to the estate of anyone who dies within the next year Now, match the right with the left correctly: 

According to the CDC, a woman’s risk for breast cancer is hi…

Posted on: May 4, 2025 Last updated on: May 4, 2025 Written by: Anonymous Categorized in: Uncategorized
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