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

Logarithems , y=x4/4lnx-x4/16 then dy/dx=? Solution) dy/dx=-x^3/4(2/lnx-...

y=x4/4lnx-x4/16 then dy/dx=? Solution) dy/dx=-x^3/4(2/lnx-1)^2.    ^ means power

Diameter of the circle , The length of the diameter of the circle which tou...

The length of the diameter of the circle which touches the X axis at the point (1,0) and passes through the point (2,3) is ? Solution)  If a circle touches the x-axis, its equatio

Differential equation (dy/dx) +x^2 = x^2*e^(3y), The general solution of th...

The general solution of the differential equation (dy/dx) +x^2 = x^2*e^(3y). Solution)(dy/dx) +x^2 = x^2*e^(3y) dy/dx=x 2 (e 3y -1) x 2 dx=dy/(e 3y -1) this is an elementar

Applied Math, Calucations of gradients find f Graph some level curve f=cons...

Calucations of gradients find f Graph some level curve f=const. f=9x^2 = 4y^2

Lucy youth group increased $1, Lucy's youth group increased $1,569 for char...

Lucy's youth group increased $1,569 for charity. They decided to split the money evenly between 3 charities. How much will each charity receive? Divide the money raised through

Fractions and equations and illustration, if Mr.Ibias oredered a rectangula...

if Mr.Ibias oredered a rectangular pizza and he wants 2/3 of the pizza to be pepperoni and 1/2 of the pizza with pineapple draw and label the pizza with toppings explain your think

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

Simplification, If 3/5=5,4/7=8,8/7=6 then, what should 9/6 be ?

If 3/5=5,4/7=8,8/7=6 then, what should 9/6 be ?

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