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 long will it take him to plow 21 acres, Mr. Brown plowed 6 acres in 1 h...

Mr. Brown plowed 6 acres in 1 hour. At this rate, how long will it take him to plow 21 acres? Mr. Brown plows 6 acres an hour, so divide the number of acres (21) through 6 to f

Prove that cos - sin = v2 sin , If cos?+sin? = √2 cos?, prove that cos? - ...

If cos?+sin? = √2 cos?, prove that cos? - sin? =  √2 sin ?. Ans:    Cos? + Sin? =  √2 Cos? ⇒ ( Cos? + Sin?) 2  = 2Cos 2 ? ⇒ Cos 2 ? + Sin 2 ?+2Cos? Sin? = 2Cos 2 ? ⇒

Linear approximations, Linear Approximations In this section we will l...

Linear Approximations In this section we will look at an application not of derivatives but of the tangent line to a function. Certainly, to get the tangent line we do have to

Common graphs, Common Graphs : In this section we introduce common graph o...

Common Graphs : In this section we introduce common graph of many of the basic functions. They all are given below as a form of example Example   Graph y = - 2/5 x + 3 .

Solving multi step equations, can you help me? cause im in 7th grade advanc...

can you help me? cause im in 7th grade advanced math and tomorrow I have a test tomorrow and I don''t get this

Find poq of tangents drawn to the circle, In figure, O is the centre of th...

In figure, O is the centre of the Circle .AP and AQ two tangents drawn to the circle. B is a point on the tangent QA and ∠ PAB = 125 ° , Find ∠ POQ. (Ans: 125 o ) An s:

What is combination formula, Q. What is Combination Formula? Ans. ...

Q. What is Combination Formula? Ans. The difference between combinations and permutations is that permutations take ordering into consideration, whereas combinations do no

Quan. literacyprofiency, 3.20 euros per kilogram, 1 kilogram =2.2 pounds an...

3.20 euros per kilogram, 1 kilogram =2.2 pounds and current exchange rate is $1=0.9 euros. what is the price per pound?

Pert, define algorithm of pert and pert with suitable examples

define algorithm of pert and pert with suitable examples

Solving whole number riddles, What is the answer for I am greater than 30 a...

What is the answer for I am greater than 30 and less than 40. The sum of my digits is less than 5.

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