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

Eqt.., pam bought a new bedroom suit for $2588.she me a down payment of $18...

pam bought a new bedroom suit for $2588.she me a down payment of $188 and paid the remaining amount in 24 equal monthly payments .how much did she pay for each monthly payment.

Reduction-types of word problems related to subtraction, Reduction -when t...

Reduction -when the original amount and the balance or remainder are known, to find the part that has been given away. (e.g., there were 15 toffees in a container, and there are

Calculate the slope of the line, Calculate the slope of the line: Exa...

Calculate the slope of the line: Example: calculate  the  slope  of  the  line  whose  equation  is  y  =  2x  +  3  and  whose y-intercept is (0,3). Solution:    y =

What is the surface area of a ball with a diameter of 6 inch, The formula f...

The formula for the surface area of a sphere is 4πr 2 . What is the surface area of a ball with a diameter of 6 inches? Round to the nearest inch. (π = 3.14) If the diameter  o

Examples of elimination technique - linear algebra, Explain some examples o...

Explain some examples of Elimination technique of Linear Equations.

Describe the types of triangles, Describe the Types of triangles ? Tria...

Describe the Types of triangles ? Triangles can be classified according to the lengths of the sides or the measures of the angles. 1. Naming triangles by sides An

Explain similar figures in similarity, Explain Similar Figures in similarit...

Explain Similar Figures in similarity ? Similar figures are figures that have the same shape but not necessarily the same size, so the image of a figure is similar to the orig

Mr, i needed help with algebra

i needed help with algebra

Calculus online, need help completing my online text. can provide login det...

need help completing my online text. can provide login details

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