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

Triganometry, Ask question #Minimum 100 words what is the hypotunus of a r...

Ask question #Minimum 100 words what is the hypotunus of a right bangled triangle a=5@ b=25 find c accwhepted#

One integer is two more than another what is greater integer, One integer i...

One integer is two more than another. The sum of the lesser integer and double the greater is 7. What is the greater integer? Let x = the greater integer and y = the lesser int

Technical Mathematic, Convert or Reduce Reduce 4,500 micrograms to grams

Convert or Reduce Reduce 4,500 micrograms to grams

Calculate moving average, Calculate Moving Average The table given bel...

Calculate Moving Average The table given below represents company sales; calculate 3 and 6 monthly moving averages, for data Months Sales

What are whole numbers, Q. What are Whole numbers? The set of whole num...

Q. What are Whole numbers? The set of whole numbers is the set of natural numbers with the zero thrown in: 0,1,2,3,4,... Hint: Some people remember that the whole numbers

Complement of a set, Need solution For the universal set T = {1, 2, 3, 4...

Need solution For the universal set T = {1, 2, 3, 4, 5} and its subset A ={2, 3} and B ={5, } Find i) A 1 ii) (A 1 ) 1 iii) (B 1 ) 1

Step functions, Before going to solving differential equations we must see ...

Before going to solving differential equations we must see one more function. Without Laplace transforms this would be much more hard to solve differential equations which involve

.fractions, what is the difference between North America''s part of the tot...

what is the difference between North America''s part of the total population and Africa''s part

Assemble the coefficient matrix and solve the linear system, Solve discrete...

Solve discrete harmonic mapping of a given surface patch (suppose the surface is genus-0 and with one boundary) 1. Map the boundary loop onto a unit rectangle using chord-length

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