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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
who discovered unitary method??
Suppose that the width of a rectangle is three feet shorter than length and that the perimeter of the rectangle is 84 feet. a) Set up an equation for the perimeter involving
Total Contribution per Year for next 10yeras =$1000+$800 =$1800 So Total Future fund Vaule =$1800*(1+1.073+power(1.073,2)+ power(1.073,2)+ power(1.073,3)+ power(1.073,4)+ power
a. Random or probability sampling methods they involve: Simple random sampling Systematic sampling Stratified sampling Multi stage sampling b.
Decision Trees And Bayes Theory This makes an application of Bayes' Theorem to resolve typical decision problems. It is examined a lot so it is significant to clearly understan
3456+3694
Calculate the slope of the line: Example: calculate the slope of the line whose equation is y = 2x + 3 and whose y-intercept is (0,3). Solution: y =
if HCFof 657 and 963 is expressable in the form of 657x+963x-15findx
how do i multiply demencinals
A screening test for a newly discovered disease is being evaluated. In order to determine the effectiveness of the new test, it was administered to 900 workers; 150 of the individu
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