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

How to solve systems of equations, How to solve Systems of Equations ? ...

How to solve Systems of Equations ? There's a simple method that you can use to solve most of the systems of equations you'll encounter in Calculus. It's called the "substitut

Series solutions to differential equation, Before we find into finding seri...

Before we find into finding series solutions to differential equations we require determining when we can get series solutions to differential equations. Therefore, let's start wit

Proportions Ratios, Give me an example , please : 1 over 2 , 14 over twenty...

Give me an example , please : 1 over 2 , 14 over twenty-eight

Linear equations, A police academy is training 14 new recruits. Some are wo...

A police academy is training 14 new recruits. Some are working dogs and others are police officers. There are 38 legs in all. How many of each type of recruits are there?

Need help , understandin rates and unitrates

understandin rates and unitrates

Closure : Activity 5.4, A classmate mixes 2 drops of red food coloring for ...

A classmate mixes 2 drops of red food coloring for every 4 drops of blue food coloring. Create a ratio table with 5 entries to represent this situation. Write the entries of the ra

Types of distribution, Types of distribution Population distribution ...

Types of distribution Population distribution This refers to the distribution of the individual values of population. This mean it is denoted by 'µ' Sample distributi

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