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

Show that the ratio of the volume of the sphere, A sphere and a cube have e...

A sphere and a cube have equal surface areas. Show that the ratio of the volume of the sphere to that of the cube is √6 : √π. Ans:    S.A. of sphere = S.A of cube    4π r 2

Percentage of values will fall in the normal group, If the normal range is ...

If the normal range is 65-10 mg/dl, then what percentage of values will fall in the normal group?

Differentiation of a formula with two variables, I would like to calculate ...

I would like to calculate the high point of a mathematical formula with two unknown variables. At the same time I made the 1st derivation of the function. How can I best program th

Solve the subsequent proportion, Solve the subsequent proportion: Exa...

Solve the subsequent proportion: Example: Solve the subsequent proportion for x. Solution: 5:x = 4:15 The product of the extremes is (5)(15) = 75. The produ

Cubic math, A fish tank has the base area of 45 cm3 and is filled to the de...

A fish tank has the base area of 45 cm3 and is filled to the depth of 12 cm.If the height is 25 cm then how much more will be needed to fill the rest of the tank?

Create a circular table with no restrictions, 1. Four different written dri...

1. Four different written driving tests are administered by a city. One of these tests is selected at random for each applicant for a drivers license. If a group of 2 women and 4 m

The definition of the derivative, The Definition of the Derivative : In t...

The Definition of the Derivative : In the previous section we saw that the calculation of the slope of a tangent line, the instantaneous rate of change of a function, and the ins

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