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A Recent Study Found That the Life Expectancy of a People

question 59

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A recent study found that the life expectancy of a people living in Africa is normally distributed with an average of 53 years with a standard deviation of 7.5 years. If a person in Africa is selected at random, what is the probability that the person will die before the age of 65?


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Investments made by a company in alignment with its long-term goals and objectives, often to secure a competitive advantage or enter new markets.

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Financial instruments indicating ownership in a company (equity) or a loan made to the company or government entity (debt), which may produce income through interest or dividends.

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The net income of a company following the deduction of all costs, taxes, and expenses from the gross revenue.

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Idle cash refers to money that is not currently invested, spent, or utilized in any way, meaning it does not earn interest or contribute to the financial goals of an individual or company.

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