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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
Standardizing Normal Variables Suppose we have a normal population. We can represent it by a normal variable X. Further, we can convert any value of X into a corresponding valu
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Can you explain that it is true that a line that slopes downward from left to right has a positive slope?
Simplify following and write the answers with only positive exponents. (a) ( x 8.2 y -0.26 z 2 ) 0.5 (b) (x 3 y -4.1 / x -2.7 ) -3 Solution (a) (x 8.2
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nc6:n-3c3=91:4
Michael made 19 out of 30 free-throws this basketball season. Larry's freethrow average was 0.745 and Charles' was 0.81. John made 47 out of 86 free-throws. Who is the best free-th
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