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

Percentage, how do you you find 40% if you 35 out of 40

how do you you find 40% if you 35 out of 40

Partial differential equations, I need expert who can solve 10 set of PDE w...

I need expert who can solve 10 set of PDE with constant of integration.

Integration, how to learn integration?easier

how to learn integration?easier

What is common triangles, Q. What is Common Triangles? Ans. Some t...

Q. What is Common Triangles? Ans. Some triangles appear more commonly than others. You will come across two triangles repeatedly as you learn more about trigonometry. T

Steel bar to make a hard surface, Take the carburizing of a steel bar to ma...

Take the carburizing of a steel bar to make a hard surface. To obtain the desired hardness, we require to control the diffusion of carbon into the surface and the phases obtained d

Geometry help, A painter leans a 10-foot ladder against the house she is to...

A painter leans a 10-foot ladder against the house she is to paint. The foot of the ladder is 3 feet from the house. How far above the ground does the ladder touch the house? Appro

find the present age, 5 years however, a man's age will be 3times his son'...

5 years however, a man's age will be 3times his son's age and 5 years ago, he was 7 times as old as his son.    Find their present ages.

Calculate the density of people per square mile, 1.  In 1900, a certain cou...

1.  In 1900, a certain country's population was 77,977,459 and it's area was 2,821,924 square miles, In 2000, the country's population was 283,575,229 and its area was 3,551,003 sq

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