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

upper and lower limits, A critical dimension of the service quality of a c...

A critical dimension of the service quality of a call center is the wait time of a caller to get to a sales representative. Periodically, random samples of 6 customer calls are mea

RECTILINEAR FIGURES, AB,BC,CD ARE THREE CONSECUTIE SIDES OF REGULAR POLYGON...

AB,BC,CD ARE THREE CONSECUTIE SIDES OF REGULAR POLYGON.IF ANGLE BAC IS 18 DEGREE, FIND EXTERIOR ANGLES AND NUMBER OF SIDES ?

Relationship between the graph and inverse function, Interesting relationsh...

Interesting relationship between the graph of a function and the graph of its inverse : There is one last topic that we have to address quickly before we leave this section.  Ther

Step functions, Before going to solving differential equations we must see ...

Before going to solving differential equations we must see one more function. Without Laplace transforms this would be much more hard to solve differential equations which involve

Cynthia, #stioquen..Store A is advertising a sale that will reduce prices o...

#stioquen..Store A is advertising a sale that will reduce prices on all merchandise by 15%. Store B is advertising a sale that will reduce prices on all merchandise by one over fiv

Add subtract fractions., how do you add and subtract mixed numbers with fra...

how do you add and subtract mixed numbers with fractions

Functions of many variables, There may be more than one independent v...

There may be more than one independent variable which determines the value of y. The dimension of a function is determined by the number of independent variables in the

Variation of parameters, In the previous section we looked at the method of...

In the previous section we looked at the method of undetermined coefficients for getting a particular solution to p (t) y′′ + q (t) y′ + r (t) y = g (t)    .....................

Factoring polynomials, Factoring polynomials is probably the most important...

Factoring polynomials is probably the most important topic. We already learn factor of polynomial .If you can't factor the polynomial then you won't be able to even start the probl

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