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

Examples of play and learning maths, Here are a few examples of some team g...

Here are a few examples of some team games. The teams can be small (1-3 children) or big (15-20 children). We start with some games for small children. a) One team places a numb

Volume, #given that the perimeter of the buildig is 108m and the area of th...

#given that the perimeter of the buildig is 108m and the area of the floor is 138m, find the volume of the screed in m3 if it is 30mm thick

Graph all four vectors on similar axis system, The vector a → =(2,4) compu...

The vector a → =(2,4) compute 3a → , ½ a → and -2a → . Graph all four vectors on similar axis system. Solution: Now here are the three scalar Multiplication 3a → = (6,

Triangles, what are rules of triangles?

what are rules of triangles?

Algebraic word problems, Algebraic Word Problems: Equations: 1....

Algebraic Word Problems: Equations: 1. The total electrical output of one nuclear facility is 200 megawatts more than that of another nuclear facility. Let L be the

Finish the work., six men and Eight boys can finish a piece of work in 14 d...

six men and Eight boys can finish a piece of work in 14 days while  eight men and twelve boys can do it in 10 days. Find the time taken by  1man alone and that by 1boy alone to fin

Find out the length of hamiltonian path, Find out the length of Hamiltonian...

Find out the length of Hamiltonian Path in a connected graph of n vertices. Ans: The length of Hamiltonian Path in a connected graph of n vertices is n-1.

Vectors, apllication in business and economics

apllication in business and economics

What is the probability of choosing a red ball, Q. What is the probability ...

Q. What is the probability of choosing a red ball? Ans. A box contains a red, blue and white ball. Two are drawn with replacement. (This means that one ball is selected, i

Quantitative Techniques, You are given that the total frequency is 900 and ...

You are given that the total frequency is 900 and the median 100.48. From the following frequency distribution, find the class frequencies that are missing. Intelligence No. of Int

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