Determine the probability, Mathematics

Assignment Help:

An insurance company/organization takes a keen interest in the age at which a person is insured. Thus a survey conducted on prospective clients indicated that for clients having the similar age the probability that they will be alive in 30 years time. This probability was established by utilizing the actuarial tables. If a sample of 5 people was insured still, determine the probability of having the given possible outcomes in 30 years

a) All are alive

b) At least 3 are alive

c) Mostly one is alive

d) None is alive

e) At least 1 is alive

Sample size = 5

P(alive) p = 2/3 where P (not alive) = q = 1/3


Related Discussions:- Determine the probability

Linear relations, a drawn picture on a graph that includes equations of eac...

a drawn picture on a graph that includes equations of each line

Nine minus five times a number, Nine minus five times a number, x, is no le...

Nine minus five times a number, x, is no less than 39. Which of the subsequent expressions represents all the possible values of the number? Translate the sentence, "Nine minus

Progressions, We will look at three types of progressions called Ar...

We will look at three types of progressions called Arithmetic, Geometric and Harmonic Progression. Before we start looking at the intricacies of these let us unders

Theorem of continuous functions, Consider the subsequent IVP. y' = f(t,y...

Consider the subsequent IVP. y' = f(t,y) ,        y(t 0 ) = y 0 If f(t,y) and ∂f/∂y are continuous functions in several rectangle a o - h o + h which is included in a

Arc length with polar coordinates, Arc Length with Polar Coordinates H...

Arc Length with Polar Coordinates Here we need to move into the applications of integrals and how we do them in terms of polar coordinates.  In this part we will look at the a

Find distance between points (b + c, Find the distance between the points (...

Find the distance between the points (b + c, c + a) and (c + a, a + b) . Ans : Use distance formula

Which mathematical property did marty use to get similar ans, Marty used th...

Marty used the subsequent mathematical statement to show he could change an expression and still get the similar answer on both sides: 10 × (6 × 5) = (10 × 6) × 5 Which mathematica

Homework, How do you simplify 10:30:45

How do you simplify 10:30:45

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd