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

Evaluate the integral - trig substitutions, Example of Trig Substitutions ...

Example of Trig Substitutions Evaluate the subsequent integral. ∫ √((25x 2 - 4) / x) (dx) Solution In this type of case the substitution u = 25x 2 - 4 will not wo

Minimum value of the function, How the property AM>or = GM used to get min...

How the property AM>or = GM used to get minimum value of the function......e,g for what condition of a and b does minimum value of a tan^2 x + b cot^2 x equals maximum value of a

How to converting percents to fractions, How to Converting Percents to Frac...

How to Converting Percents to Fractions ? To convert a percent to a fraction: 1. Remove the percent sign. 2. Create a fraction, in which the resulting number from Step 1 is

Math help, Can you help me with what goes into 54

Can you help me with what goes into 54

Two circles touching internally prove that ox:oy=oa:ob, Two circles touchin...

Two circles touching internally at O. OXY, OAB straight lines, the latter passing through the centres. Prove that OX : OY = OA : OB. Given : Two circles touching internally a

Right angle triangle, If the points for a right angle triangle are XYZ wher...

If the points for a right angle triangle are XYZ where do I mark the points?

What is the probability that |x| < 2 , A number x is chosen at random ...

A number x is chosen at random from the numbers -3, -2, -1, 0 1, 2, 3. What is the probability that  | x| Ans :    x  can take 7 values To get |x| Probability (| x |

Negative signs in fractions, Q. Negative Signs in Fractions? It reall...

Q. Negative Signs in Fractions? It really doesn't matter where you put a negative sign in a fraction.  The following are all the same: The negative sign can go in

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