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

Logs, the variables x and y are thought to be related by a law of the form ...

the variables x and y are thought to be related by a law of the form ay^2=(x+b)lnx Where a and b are unknown constants. Can a and b be found and how.

Solution of rectilinear figures, A tower and a monument stand on a level pl...

A tower and a monument stand on a level plane. the angles of depression on top and bottom of the monument viewed from the top of the tower are 13 degrees and 31 degrees, respective

What is the length of the longer base, The longer base of a trapezoid is th...

The longer base of a trapezoid is three times the shorter base. The nonparallel sides are congruent. The nonparallel side is 5 cm more that the shorter base. The perimeter of the t

Geometry, In a square of side 8 cm two quadrant with taking the side of squ...

In a square of side 8 cm two quadrant with taking the side of square as radius are inscribed in the square..

Find out all the critical points for the function, Find out all the critica...

Find out all the critical points for the function. Solution To determine the derivative it's probably simple to do a little simplification previous to we in fact diffe

Core concepts of marketing, examination questions and answers to the above ...

examination questions and answers to the above title.

Method to determine solution is absolute value, Method to determine solutio...

Method to determine solution is absolute minimum/maximum value Let's spend a little time discussing some methods for determining if our solution is in fact the absolute minimum

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

Dynamical system and differential equations, 1. Discuss lyapunov function t...

1. Discuss lyapunov function theory and how it can be used to prove global assmptotic stability of solutions.(Give an example form natural and engineering sciences.) --- Draw le

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