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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
An ice-cream cone has a hemispherical top. If the height of the cone is 9 cm and base radius is 2.5 cm, find the volume of ice cream cone.
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how to explain this strategy? how to do this strategy in solving a problem? can you give some example on how to solve this kind of strategy.
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