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

Determine the total area of the land, John is planning to buy an irregularl...

John is planning to buy an irregularly shaped plot of land. Referring to the diagram, determine the total area of the land. a. 6,400 m 2 b. 5,200 m 2 c. 4,500 m 2 d.

Multiplication of two matrices, Need assignment help, Explain Multiplicatio...

Need assignment help, Explain Multiplication of two Matrices.

integral 0 to pi e^cosx cos (sinx) dx, Let u = sin(x). Then du = cos(x) dx...

Let u = sin(x). Then du = cos(x) dx. So you can now antidifferentiate e^u du. This is e^u + C = e^sin(x) + C.  Then substitute your range 0 to pi. e^sin (pi)-e^sin(0) =0-0 =0

Build an equation for a hyperboloid of two sheets, 1. Build an equation for...

1. Build an equation for a hyperboloid of two sheets with the following properties: a. The central axis of the hyperboloid is the y-axis b. The two sheets are 4 units apart, an

Transportation problem, 12. List the merits and limitations of using North ...

12. List the merits and limitations of using North West corner rule.

Prove any prime number is irrational, 1. Show that there do not exist integ...

1. Show that there do not exist integers x and y for which 110x + 315y = 12. 2. If a and b are odd integers, prove that a 2 +b 2 is divisible by 2 but is NOT divisible by 4. H

Find out the value of the subsequent summation, Using the formulas and prop...

Using the formulas and properties from above find out the value of the subsequent summation. c The first thing that we require to do here is square out the stuff being summe

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