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

Pair of st line, #qu Given the equation through what angle should the axes...

#qu Given the equation through what angle should the axes be rotated so that the term in xy be waiting from the transformed equation. estion..

Operation research, approximate the following problem as a mixed integer pr...

approximate the following problem as a mixed integer program. maximize z=e-x1+x1+(x2+1)2 subject to x12+x2 =0

Determination of the regression equation, Determination of the Regression E...

Determination of the Regression Equation The determination of the regression equation such given above is generally done by using a technique termed as "the method of least sq

prove area of rhombus on hypotenuse right-angled triangle, Prove that the ...

Prove that the area of a rhombus on the hypotenuse of a right-angled triangle, with one of the angles as 60o, is equal to the sum of the areas of rhombuses with one of their angles

Evaluate the volume of the shaded region, If the hight of pipe is 18 inches...

If the hight of pipe is 18 inches, what is the volume of the shaded region in terms of π? a. 31.5π in 3 b. 126π in 3 c. 157.5 in 3 d. 58.5 in 3

Quick help for exam preparation, can you help me with entrance exam for uni...

can you help me with entrance exam for university ? i really need help so quick

Find the area of shaded region, Find the area of shaded region, if the side...

Find the area of shaded region, if the side of square is 28cm and radius of the sector is ½ the length of side of square.

Fact of the wronskian method, Given two functions f(x) and g(x) which are d...

Given two functions f(x) and g(x) which are differentiable on some interval I  (1) If W (f,g) (x 0 ) ≠ 0 for some x 0 in I, so f(x) and g(x) are linearly independent on the int

Sqares, Recently I had an insight regarding the difference between squares ...

Recently I had an insight regarding the difference between squares of sequential whole numbers and the sum of those two whole numbers. I quickly realized the following: x + (x+1)

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