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

What is a set, A set can define as a precise group of distinct objects. Wel...

A set can define as a precise group of distinct objects. Well-defined group means that there be a principle with the help of which it is probable to tell whether a given object rel

3-d geometry, Q) In 3D-geometry give + and - signs for x,y,z, in all eight ...

Q) In 3D-geometry give + and - signs for x,y,z, in all eight octants Ans) There is no specific hard rule for numbering the octants. So, it makes no real sense to ask which octan

Algebra, If a^n+1 + b^n+1/a^n + b^n is the arithmetic mean of a and b then ...

If a^n+1 + b^n+1/a^n + b^n is the arithmetic mean of a and b then find n. Answer:Arithmatic mean of a,b is =(a+b)/2  from the problem (a+b)/2=(a^n+1 +b ^n+1)/(a^n+b^n)  then (a+

Differential equation and laplace transform, 1. Solve the given differentia...

1. Solve the given differential equation, subject to the initial conditions: . x2y''-3xy'+4y = 0 . y(1) = 5, y'(1) = 3 2. Find two linearly independent power series soluti

Multiply the polynomials, Multiply following. (a) (4x 2 -x)(6-3x) (b)...

Multiply following. (a) (4x 2 -x)(6-3x) (b) (2x+6) 2 Solution  (a) (4x 2 - x )(6 - 3x ) Again we will only FOIL this one out. (4x 2  - x )(6 - 3x) = 24x 2 -

About algebra, how do i compute an algebra number

how do i compute an algebra number

Seqence and seies, If the M-th term of an Ap is n andn-th term M.find the p...

If the M-th term of an Ap is n andn-th term M.find the p-th term

Estimate the area of this field in terms of x and y, Jonestown High School...

Jonestown High School has a soccer field whose dimensions can be expressed as 7y 2 and 3xy. What is the area of this field in terms of x and y? Since the area of the soccer ?e

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