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

How high is a structure, One method of calculating the height of an object ...

One method of calculating the height of an object is to place a mirror on the ground and then position yourself so that the top of the object will be seen in the mirror. How high i

Example of graphical technique of linear equations, Explain the Graphical T...

Explain the Graphical Technique of Linear Equations by using this figure.

solve the game by linear programming, UA and DU are preparing for the NCAA...

UA and DU are preparing for the NCAA basketball game championship. They are setting up their strategies for the championship game. Assessing the strength of their "benches", each c

Define a*b for given matrix, Define A*B where:                A =  | 3 -...

Define A*B where:                A =  | 3 -3  6 |          B = |  6   1 |                          | 0  4  2 |              |  0  -5 |

Children learn maths by experiencing things, Children Learn By Experiencing...

Children Learn By Experiencing Things : One view about learning says that children construct knowledge by acting upon things. They pick up things, throw them, break them, join the

Reason why we start division, Reasons why we start division : The reason w...

Reasons why we start division : The reason we start division by considering the digit in the leftmost place is efficiency and ease . For instance, suppose we divide 417 by 3, we

Find the quadratic polynomial, Find the Quadratic polynomial whose sum and ...

Find the Quadratic polynomial whose sum and product of zeros are √2 + 1, 1/ √2 + 1 Ans:    sum = 2  √2 Product = 1 Q.P = X 2 - (sum) x + Product ∴ x 2 - (2 √2 )

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