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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
Last year, a math textbook cost $54. This year the cost is 107 percent of what it was last year. What is this year's cost? a. $59.78 b. $57.78 c. $61.00 d. $50.22 To ?nd out
Sketch the feasible region for the following set of constraints: 3y - 2x ≥ 0 y + 8x ≤ 53 y - 2x ≤ 2 x ≥ 3. Then find the maximum and minimum values of the objective
x=-3(y-2)^2+4
1x1
Q. What is Addition Rule of probability? Ans. Suppose there are 17 girls and 15 boys in your stats class. There are 17 + 15 = 32 ways for your teacher to pick one student
Awhat is the meaning and application sk question #Minimum 100 words accepted#
what is the answers of exercise 3.1
Question 1 An experiment succeeds twice as often as it fails. Find the chance that in the next six trials there will be at least four successes Question 2 An insurance compan
if a+1/b=b+1/c=c+1/a then the value of abc is
Polynomials in two variables Let's take a look at polynomials in two variables. Polynomials in two variables are algebraic expressions containing terms in the form ax n y m
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