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

Progressions, what value of k is he sequence 2k+4,3k-7,k+12 are in an arith...

what value of k is he sequence 2k+4,3k-7,k+12 are in an arithmetic sequence is

Theorem on intervals of validity, Theorem Consider the subsequent IVP....

Theorem Consider the subsequent IVP. y′ =  p (t ) y = g (t )  y (t 0 )= y 0 If p(t) and g(t) are continuous functions upon an open interval a o , after that there i

Percentage of values will fall in the normal group, If the normal range is ...

If the normal range is 65-10 mg/dl, then what percentage of values will fall in the normal group?

Pre calculus , use the point to generate a cosine function that models the ...

use the point to generate a cosine function that models the sound wave. Name the amplitude Name the period Name the phase shift name the vertical shift Write the equation for the

Integers, The set of whole numbers also does not satisfy all our requ...

The set of whole numbers also does not satisfy all our requirements as on observation, we find that it does not include negative numbers like -2, -7 and so on. To

Sums, what is 10 times 10 pls

what is 10 times 10 pls

Diffrence between integers and rational numbers, Q. Give basic Diffrence be...

Q. Give basic Diffrence between Integers and Rational Numbers? Ans. Integers The integers are positive and negative whole numbers. The integers are closed under ad

1 application of complex analysis in THERMODYNAMICS, Hi, this is EBADULLA ...

Hi, this is EBADULLA its about math assignment. 1 application of complex analysis used in thermodynamics. . what all uses are there in that... plz let mee know this answer.

Construct a venn diagram, In a survey of 85 people this is found that 31 wa...

In a survey of 85 people this is found that 31 want to drink milk 43 like coffee and 39 wish tea.  As well 13 want both milk and tea, 15 like milk & coffee, 20 like tea and coffee

What is a lattice, What is a lattice? Which of the following graphs are lat...

What is a lattice? Which of the following graphs are lattice and why? Ans:  Let (L, ≤) be a poset. If each subset {x, y} consisting of any two elements of L, comprises a glb (I

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