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

Show that a slope will vary along a curve, Can you show that a slope will v...

Can you show that a slope will vary along a curve (as opposed to a straight line)?

Determine the projection - vector, Determine the Projection of b = (2, 1, -...

Determine the Projection of b = (2, 1, -1) onto a = (1, 0, -2) There is a requirement of a dot product and the magnitude of a. a →  • b → = 4                             ||a

Trignometry, how can i easily solve the trignometry question?

how can i easily solve the trignometry question?

Explain set intersection, Q. Explain Set Intersection? Ans. Set I...

Q. Explain Set Intersection? Ans. Set Intersection Suppose your school needs to know which students are taking both art and business this year. If A is the set of studen

Recognize the intervals for function h ( x ) = 3x5 - 5x3 + 3, For the given...

For the given function recognize the intervals where the function is increasing and decreasing and the intervals where the function is concave up & concave down. Utilizes this info

How do you traverse a binary tree, How do you traverse a Binary Tree?  Desc...

How do you traverse a Binary Tree?  Describe Preorder, Inorder and Postorder traversals with example.     Ans: Traversal of tree means tree searching for a aim. The aim may be

Solve sin (3t ) = 2 trig function, Solve sin (3t ) = 2 . Solution T...

Solve sin (3t ) = 2 . Solution This example is designed to remind you of certain properties about sine and cosine.  Recall that -1 ≤ sin (θ ) ≤ 1 and -1 ≤ cos(θ ) ≤ 1 .  Th

Find out the product of 5.2 × 10^3 and 6.5 × 10^7, Find out the product of ...

Find out the product of 5.2 × 10 3 and 6.5 × 10 7 . Write your answer in scientific notation. To multiply numbers written within scienti?c notation,  multiply the ?rst numbers

Pre Calculus, 5 2 ----- - ----- x-1 x+1 ------------------...

5 2 ----- - ----- x-1 x+1 -------------------- x 1 ----- + ----- x-1 x+1

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