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

Explain the counting principle in maths, Explain the Counting Principle in ...

Explain the Counting Principle in maths? The fundamental counting principle is used when you want to calculate the total number of possible outcomes (or combinations) of an exp

Find the distance between these two cities, Memphis, Tennessee, and New Orl...

Memphis, Tennessee, and New Orleans, Louisiana, lie approximately on the same meridian. Memphis has latitude 35°N and New Orleans has latitude 30°N. Find the distance between these

Math, how to compare fractions

how to compare fractions

Definition of inverse functions, Definition of inverse functions :  Given...

Definition of inverse functions :  Given two one-to-one functions f ( x ) and g ( x ) if ( f o g ) ( x ) = x  AND  ( g o f ) ( x ) = x then we say that f ( x ) & g ( x ) are i

Algebraic expressions word problems, Juan is g years old and Eva is 2 years...

Juan is g years old and Eva is 2 years younger than Juan. a.Find the sum of their ages in terms of g. b.Find the sum of their ages in g years'' time,in terms of g.

Math help, I need help with direct variation between x and y

I need help with direct variation between x and y

value of integration , what is the value of integration limit n-> infinity...

what is the value of integration limit n-> infinity [n!/n to the power n]to the power 1/n Solution)  limit n-->inf.    [1 + (n!-n^n)/n^n]^1/n = e^ limit n-->inf.    {(n!-n^n)

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