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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
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three years ago,Rica was thrice as old as dandy.Three years hence,she will be twice as old.Find their present.
It is the last case that we need to take a look at. Throughout this section we will look at solutions to the system, x?' = A x? Here the eigenvalues of the matrix A are compl
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The probability that a certain region in mexico will be hit by a hurricane in any given year is .06. What is the probability that the region will be hit by at least one hurricane i
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