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

Write a procedure to obtain the inverse of a matrix, Write a procedure to o...

Write a procedure to obtain the inverse of an n by n matrix usingGaussian elimination. (You cannot use A - 1 or any of the built-in packages like 'MatrixInverse'.) Output any a

Find fourier series, Question: Find Fourier series for the periodic fun...

Question: Find Fourier series for the periodic function of period 2 π,defined by      f(x) = x 4 ,  - π ≤ x ≤ π

prove that 2a=b+c, If the roots of the equation (a-b) x 2 + (b-c) x+ (...

If the roots of the equation (a-b) x 2 + (b-c) x+ (c - a)= 0 are equal. Prove that 2a=b+c. Ans:    (a-b) x 2 + (b-c) x+ (c - a) = 0 T.P 2a = b + c B 2 - 4AC = 0

Area related to circles, railway tunnel of radius 3.5 m and angle aob =90 f...

railway tunnel of radius 3.5 m and angle aob =90 find height of the tunnel

#title., I need to follow the pattern .125,.25,.375,.5, ?

I need to follow the pattern .125,.25,.375,.5, ?

Greatest common factors, Lindy has 48 chocolate chip cookies and 64 vanilla...

Lindy has 48 chocolate chip cookies and 64 vanilla wafers. How many bags can lindy fill if she puts the chocolate chip cookies and the vanilla wafers in the same bags? She plans

Find the third vertex of equilateral triangle, If two vertices of an equila...

If two vertices of an equilateral triangle are (0, 0) and (3, 0), find the third vertex. [Ans: 3/2 , 3/√ 3/2  or 3/2, -3√ 3/2] Ans:    OA = OB = AB OA 2 = OB 2 = AB 2

Fractions, what Is the common denominator for 1/2 and 1/4

what Is the common denominator for 1/2 and 1/4

Steel bar to make a hard surface, Take the carburizing of a steel bar to ma...

Take the carburizing of a steel bar to make a hard surface. To obtain the desired hardness, we require to control the diffusion of carbon into the surface and the phases obtained d

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