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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
Belleville lake was originally blue because it only had 11 algae plants. then towns and farms cropped up by the lake .this cause 446 more algae plants to grow which turned the lake
Dividing a quantity in a given ratio
The price of gasoline is $1.349 cents per gallon. If the price increases through three tenths of a cent, what will the price of gasoline be? Three tenths of a cent can be writt
A bank pays on its savings an interest rate of 6% per year but compounds interest monthly (i.e., estimates the interest each month and adds it to the balance). You plan to deposit
Poisson Mathematical Properties 1. The expected or mean value = np = λ Whereas; n = Sample Size p = Probability of success 2. The variance = np = ? 3. Standard dev
ogive for greater than &less than curves
EXPLAIN ME ABOUT ITS FUNCTIONS.
a lending library has a fixed charge for the first three days and an additional charge for each day thereafter. sam paid Rs 27 for a bookkept for 7 days while jaan paid Rs 21 for t
#question if two angles of a triangle are unequal in measure then the side opposite to greater angle is longer than the side opposite to the smaller angle
Write an octave program that will take a set of points {x k , f k } representing a function and compute the derivative at the same points x k using 1. 2-point forward di erence
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