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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
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We now require addressing nonhomogeneous systems in brief. Both of the methods which we looked at back in the second order differential equations section can also be used now. Sin
These experiences should be related to the mathematical concepts and ideas that we teach them. Only then will these ideas appear relevant to the children, and be absorbed by them
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