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

Experience language pictures symbols-e - l - p - s , E - L - P - S : Has t...

E - L - P - S : Has the title of this section stumped you? Children, similarly, don't understand new symbols that are thrust upon them without giving them an adequate grounding. Y

Envision math common core, how do i write a conjecture about the sum of two...

how do i write a conjecture about the sum of two negative integers.

Definition of vertical asymptote, Vertical asymptote Definition : The funct...

Vertical asymptote Definition : The function f(x) will contain a vertical asymptote at x = a if we contain any of the following limits at x = a .   x→a- Note as well that it

What are the properties of normal distribution, What are the properties of ...

What are the properties of Normal distribution? The normal curve is symmetrical when p=q or p≈q The normal curve is a single peaked curve The normal curve is asymptotic t

What percent of her money did she spend on lunch, Wendy brought $16 to the ...

Wendy brought $16 to the mall. She spent $6 on lunch. What percent of her money did she spend on lunch? Divide $6 by $16 to ?nd out the percent; $6 ÷ $16 = 0.375; 0.375 is equi

Find out the greater of two consecutive positive is 143, Find out the great...

Find out the greater of two consecutive positive odd integers whose product is 143. Let x = the lesser odd integer and let x + 2 = the greater odd integer. Because product is a

Without a calculator give the exact value, without a calculator give the ex...

without a calculator give the exact value of each of the following logarithms. (a) (b) log1000 (c) log 16 16 (d) log 23 1  (e)  Solution (b) log10

Quadratic equation modeling profitability, Sam''s sport''s equipment sells ...

Sam''s sport''s equipment sells footballs. They maximized their profitability last year at (6,4) where x represents employees and P(x) represents profitability. Sam noticed that wh

Write down those features of such interactions, After seeing some children ...

After seeing some children interacting naturally, write down those features of such interactions that make peer learning potentially a better way of learning. Another point that

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