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

Linear relations, determine the equation that represent the following lines...

determine the equation that represent the following lines be sure to define your variable and show all of your work

Determine the price paid for a land, A parcel of land, value $250,000 is so...

A parcel of land, value $250,000 is sold to an investor who signs a contract agreeing to pay a deposit of $25,000 followed by equal quarterly payments for as long as necessary, wit

.., rectangles 7cm by 4cm

rectangles 7cm by 4cm

How to converting percents to fractions, How to Converting Percents to Frac...

How to Converting Percents to Fractions ? To convert a percent to a fraction: 1. Remove the percent sign. 2. Create a fraction, in which the resulting number from Step 1 is

Ratio lanquage, Alexis needs to paint the four exterior walls of a large re...

Alexis needs to paint the four exterior walls of a large rectangular barn. the length of the barn is 80 feet the width is 50 feet and the height is 30 feet. The pain costs 28 dolla

Relationship between the shortest path distances - tree, 1. a)  Given a dig...

1. a)  Given a digraph G = (V,E), prove that if we add a constant k to the length of every arc coming out from the root node r, the shortest path tree remains the same.  Do this by

Geometry, how to do proving of rectilinear figures?..

how to do proving of rectilinear figures?..

Probability, Ratio of successes in 5 independent trials to the probability ...

Ratio of successes in 5 independent trials to the probability of successes in two independent trials is 1/4. What is the probability of 4 successes in 6 independent trials?

Geometry, all basic knowledge related to geometry

all basic knowledge related to geometry

Surface area- applications of integrals, Surface Area- Applications of inte...

Surface Area- Applications of integrals In this part we are going to look again at solids of revolution. We very firstly looked at them back in Calculus I while we found the

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