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

Correlation coefficient, Correlation coefficient - These are numerical...

Correlation coefficient - These are numerical measures of the correlations existing between the independent and the dependent variables - These are better measures of corre

Example of multiplication of complex numbers, Multiply following and write ...

Multiply following and write the answers in standard form.  (a) 7 i ( -5 + 2 i )  (b) (1 - 5 i ) ( -9 + 2 i ) Solution (a) Thus all that we have to do is distribu

Alegbra, what iz the value of x if y=56

what iz the value of x if y=56

What is the probability shane rolls a 5, Shane rolls a die numbered 1 by 6....

Shane rolls a die numbered 1 by 6. What is the probability Shane rolls a 5? From 2:15 P.M. to 4:15 P.M. is 2 hours. After that, from 4:15 P.M. to 4:45 P.M. is another half hour

Series, find the series of the first twenty terms

find the series of the first twenty terms

Activities to develop ability to classify, Let us now look at some activiti...

Let us now look at some activities that can be organised with preschoolers to develop their ability to classify. 1. You could start by giving children different materials to pla

Find the number of ways to arrange words, Q. Find the number of ways three ...

Q. Find the number of ways three letter "words" can be chosen from the alphabet if none of the letters can be repeated? Solution:  There are 26 ways of choosing the first lett

Integration variable, Integration variable : The next topic which we have ...

Integration variable : The next topic which we have to discuss here is the integration variable utilized in the integral. In fact there isn't actually a lot to discuss here other

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