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

Find the length and breadth of the rectangle, The area of a rectangle gets ...

The area of a rectangle gets decreased by 8 m2, if its length  is decreased by 5 m and breadth increased by 3 m. If we enhance  the length by 3 m and breadth by 2 m, the area is en

Find extrema & relative extrema f ( x ) = x3 on [-2, Recognizes the absolut...

Recognizes the absolute extrema & relative extrema for the given function.                                                    f ( x ) = x 3      on        [-2, 2] Solution :

Properties of triangle, In triangle ABC if angle B = 90 degrees what is the...

In triangle ABC if angle B = 90 degrees what is the value Tan A/2 in terms of its sided? Solution) tanA=c/b let tan(A/2)=x 2x/(1-x 2 )=c/b,solve for x

Initial conditions and boundary conditions, Initial Condition...

Initial Conditions and Boundary Conditions In many problems on integration, an initial condition (y = y 0 when x = 0) or a boundary condition (y = y

Assignment, how to get the objective report?

how to get the objective report?

Tchebyshev distance, Tchebyshev Distance (Maximum Travel Distance per Trip ...

Tchebyshev Distance (Maximum Travel Distance per Trip Using Rectilinear Distance): It can be calculated by using following formula: d(X, Pi) = max{|x - ai|, |y - bi|} (Source

Division, Why do we start dividion operation from left to right?

Why do we start dividion operation from left to right?

Ratio, ther are 162 student in a school.20 of them are girls .how many are ...

ther are 162 student in a school.20 of them are girls .how many are boy

Real constant and difference equation, Derive for the filter from z=a and p...

Derive for the filter from z=a and poles at z=b andz=c, where a, b, c are the real constants the corresponding difference equation. For what values of parameters a, b, and c the fi

What are the properties of normal distribution, What are the properties of ...

What are the properties of Normal distribution? The normal curve is symmetrical when p=q or p≈q The normal curve is a single peaked curve The normal curve is asymptotic t

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