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

What distances from the two gates should the pole, A pole has to be erected...

A pole has to be erected at a point on the boundary of a circular park of diameter 13m in such a way that the differences of its distances from two diametrically opposite fixed gat

#algebra 2 .., encoded with the matrix -3 -7 and 4 9. what lights up a socc...

encoded with the matrix -3 -7 and 4 9. what lights up a soccer stadium? ecoded message: {-3 - 7} {3 2 } {3 6} {57 127} {52 127} {77 173} {23 51)

Estimate how long did michael practice- algebra, Suppose that the number of...

Suppose that the number of hours Katie spent practicing soccer is represented through x. Michael practiced 4 hours more than 2 times the number of hours that Katie practiced. How l

Estimate percent of the original price will the customer pay, Bikes are on ...

Bikes are on sale for 30% off the original price. What percent of the original price will the customer pay if he gets the bike at the sale price? The original price of the bike

Helping children learn mathematics, Here we have focussed on how mathematic...

Here we have focussed on how mathematics learning can be made meaningful for primary school children. We have done this through examples of how children learn and how we can create

Discount, outdoor grill- regular price:$360 discount:33 1/3%

outdoor grill- regular price:$360 discount:33 1/3%

The new area is 168 square inches how many inches increase, A 4-inch by 6-i...

A 4-inch by 6-inch photograph is going to be enlarged through increasing each side by the similar amount. The new area is 168 square inches. How many inches is each dimension incre

What is the sample space for this experiment, A die is thrown repeatedly un...

A die is thrown repeatedly until a six comes up. What is the sample space for this experiment? HINT ;A= {6} B={1,2,3,4,5,} Ans: The sample space is = {A, BA, BBA, BBBA, BBBBA.

Operations research, Solve the following Linear Programming Problem using S...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2, Subject to the constraints: X1+ X2 = 4 X1+ X2 = 2 X1, X2 = 0

Example of word problems involving money, Example of Word Problems Involvin...

Example of Word Problems Involving Money: A collection of coins consists of nickels, dimes & quarters. The number of quarters is double the number of nickels, and the number o

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