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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
A small airplane used 5and2over3 gallons of fuel to fly a 2 hour trip.how many gallons were used each hour
How should Shoppers’ Stop develop its demand forecasts?
Dividing a quantity in a given ratio
IF YOU HAVE 24 BISCUITS HOW MUCH WHOLE BISCUITS DO YOU HAVE IF YOU SHARE FIVE BETWEEN 5 FRIENDS
Here we will use the expansion method Firstly lim x-0 log a (1+x)/x firstly using log property we get: lim x-0 log a (1+x)-logx then we change the base of log i.e lim x-0 {l
add 1 and 20 over 40 with 2 and 30 over 50
tom has 150 feet of fencing to enclose a rectangular garden. if the length is to be 5 feet less than three the width, find the area of the garden
0+50x1-60-60x0+10
Decision making under uncertainty Various methods are used to make decision in circumstances whereas only the pay offs are identified and the likelihood of every state of natur
how do i solve reflection matrix just looking at the numbers in a matrix
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