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

Matrices, what are eigen values

what are eigen values

Terminology of polynomial, Terminology of polynomial Next we need to ge...

Terminology of polynomial Next we need to get some terminology out of the way. Monomial polynomial A monomial is a polynomial which consists of exactly one term.

What are the three sides of a right triangle, What are the Three Sides of a...

What are the Three Sides of a Right Triangle? Each side of a right triangle can be labeled opposite, adjacent, or hypotenuse, based on its relationship to the right angle and o

Multiplication of two like terms with same signs, Case 1: Suppose we...

Case 1: Suppose we have two terms 7ab and 3ab. When we multiply these two terms, we get 7ab x 3ab = (7 x 3) a 1 + 1 . b 1 + 1  ( Therefore, x m . x n = x m +

Point of intersection, Equation of line joining(0,0)and point of intersecti...

Equation of line joining(0,0)and point of intersection of X2+Y2+2XY=4 , 3x2+5y2-xy=7 is solution) The two equations above represent pair of straight lines. We can complete the sq

Determine the property of join in a boolean algebra, Determine that in a Bo...

Determine that in a Boolean algebra, for any a and b, (a Λ b) V (a Λ b' ) = a.  Ans: This can be proved either by using the distributive property of join over meet (or of mee

Invariant lines, What lines are invariant under the transformation [(103)(0...

What lines are invariant under the transformation [(103)(01-4)(001)]? I do not know where to even begin to solve this. Please help!!

Probability, One coin is tossed thrice. what will be the probability of get...

One coin is tossed thrice. what will be the probability of getting neither 3 heads nor 3 tails

Vectors, why minimum three coplanar vectors are required to give zero resul...

why minimum three coplanar vectors are required to give zero resultant and not two?

Find ways in which prizes are distributed between student, Find out the num...

Find out the number of ways in which 5 prizes can be distributed among 5 students such that  (a)   Each student may get a prize. (b)  There is no restriction to the number o

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