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

Determine the widest piece of mail, A mailbox opening is 4.5 inches high an...

A mailbox opening is 4.5 inches high and 5 inches wide. Determine the widest piece of mail able to ?t in the mailbox without bending? a. 9.5 inches b. 2.2 inches c. 6.7 in

Differentiate exponential functions, Differentiate following functions. ...

Differentiate following functions. (a)    R ( w) = 4 w - 5 log 9 w (b)   f ( x ) = 3e x + 10x 3 ln x Solution :  (a) It will be the only example which doesn't includ

Geometry, how do you do rotations

how do you do rotations

Venn Diagram, In a group of 85 people, 33 own a microwave, 28 own a DVD pla...

In a group of 85 people, 33 own a microwave, 28 own a DVD player and 38 own a computer. In addition, 6 people own both a microwave and a DVD player, 9 own both a DVD player and a c

Maths, whats 100 + 90 - 6

whats 100 + 90 - 6

Sas, can you tell me how to find the "x" and the "y" when trying to find if...

can you tell me how to find the "x" and the "y" when trying to find if two triangles are smiliar

Estimate whose time was the fastest, Nancy, Jennifer, Alex, and Joy ran a r...

Nancy, Jennifer, Alex, and Joy ran a race. Nancy's time was 50.24 seconds, Jennifer's was 50.32, Alex's was 50.9, and Joy's was 50.2. Whose time was the fastest? The fastest ti

Algebra, solutions for the equation a-b=5

solutions for the equation a-b=5

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