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

Maths question, if the numerator of a fraction is decreased by 40% and the ...

if the numerator of a fraction is decreased by 40% and the denominator is increased by 100% the new value is 1. what was the original factor

Find the length of the rectangle, Suppose that the width of a rectangle is ...

Suppose that the width of a rectangle is three feet shorter than length and that the perimeter of the rectangle is 84 feet. a)    Set up an equation for the perimeter involving

Determine the probability of given question, Q. Assume a birthday is equall...

Q. Assume a birthday is equally likely to occur in each of the 365 days. In a group of 30 people, what is the probability that no two have birthdays on the same day? Solution:

Find the quotient and remainder, Question: Find the quotient and remain...

Question: Find the quotient and remainder when f(x) = x 5 - x 4 - 4x 3 + 2x + 3 is divided by g(x) = x-2. Make sure the quotient and remainder are clearly identified.

What percent of her money did she spend on lunch, Wendy brought $16 to the ...

Wendy brought $16 to the mall. She spent $6 on lunch. What percent of her money did she spend on lunch? Divide $6 by $16 to ?nd out the percent; $6 ÷ $16 = 0.375; 0.375 is equi

Trigonometry, Ashow that sec^2x+cosec^2x cannot be less than 4

Ashow that sec^2x+cosec^2x cannot be less than 4

Point, what will be the activity of the above said title

what will be the activity of the above said title

Practice, #question.Mai is 3 years ypunger than twice the age of her brothe...

#question.Mai is 3 years ypunger than twice the age of her brother .If b represents .

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