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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
Peggy's town has an average temperature of 23° Fahrenheit in the winter. What is the average temperature on the Celsius scale? If the total amount for both is 80, after that th
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With your current loan, explain how much additional money you would need to add to your monthly payment to pay off your loan in 20 years instead of 25. Decide whether or not it wou
1+1
Position Vector There is one presentation of a vector that is unique in some way. The presentation of the ¯v = (a 1 ,a 2 ,a 3 ) that begins at the point A = (0,0,0) and ends
probability as that of flipping a coin eight times and getting all the times the same side of the coin.)
how to remember the formulas of this topic
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