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

Objectives to knowing your maths learner, Objectives After studying th...

Objectives After studying this unit, you should be able to briefly describe the developmental stages of children's thinking and learning processes; assess the levels

Randi takes the stairs at work whenever possible instead, Randi takes the s...

Randi takes the stairs at work whenever possible instead of the elevator. She must climb up 51 steps from her office to get to the accounting department. The human resources depa

Permutations and combinations, number of ways that a mixed doubles tennis g...

number of ways that a mixed doubles tennis game can be arranged from 7 couples if no husband and wife play in the same game is??

Linear programming, I want to send to you a file for my question.How. Could...

I want to send to you a file for my question.How. Could you please send my a link for that.

Experiments probabillity of compound events, what is the expiremental proba...

what is the expiremental probability that the next toss and spin will result in 3 and tail if 1-heads,53.2-heads,49.3-heads,54.1-tail,65.2-tails,71.3-tails,62

Shares and dividends, How do I proceed with a project on Shares and Dividen...

How do I proceed with a project on Shares and Dividends?

Definition of the laplace transform, Definition Assume that f(t) is a ...

Definition Assume that f(t) is a piecewise continuous function. The Laplace transform of f(t) is denoted L{ f (t )} and defined by, There is an optional notation for L

Differntial equation, (3x+2)^2 d^2y/dx^2+3(3x+2)dy/dx-36y=3x^2+4x+1

(3x+2)^2 d^2y/dx^2+3(3x+2)dy/dx-36y=3x^2+4x+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