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

Basic operations for complex numbers, Now we have to discuss the basic oper...

Now we have to discuss the basic operations for complex numbers. We'll begin with addition & subtraction. The simplest way to think of adding and/or subtracting complex numbers is

Discrete-time signals as energy or power signals, Classify the following di...

Classify the following discrete-time signals as energy or power signals. If the signal is of energy type, find its energy. Otherwise, find the average power of the signal. X 1

Share and dividend, #a invests Rs 15000IN COMPANY PAYING 10%WHEN Rs100 SHAR...

#a invests Rs 15000IN COMPANY PAYING 10%WHEN Rs100 SHARE IS SOLD AT A PREMIUM OF Rs 20 after a yearASOLD SHARES AT Rs80 EACHAND INVESTEDPROCEEDS IN Rs75SHARES SELLING AT Rs 100 WZI

Speaking mathematically-how do children learn?, Speaking Mathematically :  ...

Speaking Mathematically :  A Class 2 teacher was explaining the concept of place value to his students, using the number eleven. He started by saying "One and one make eleven." So

How to subtract fractions with the same denominators, Q. How to Subtract fr...

Q. How to Subtract fractions with the same denominators? Ans. Subtracting fractions is basically the same as adding them. If you don't know how to add fractions, you shoul

Intergration, Functional and variations.Block III, Consider the functiona...

Functional and variations.Block III, Consider the functional S[y]=?_1^2 v(x^2+y'')dx , y(1)=0,y(2)=B Show that if ?=S[y+eg]-S[y], then to second order in e, ?=1/2 e?_1^2¦?g^'

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