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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
cos inverse x -cos inverse 2x=pie\2
Q. How many permutations can you make of the word STATISTICS? Solution: There are 10 letters in the word STATISTICS, i.e. n=10. Three of them are S's, so n 1 =3, three are T'
A drug is administrated once every four hours. Let D(n) be the amount of the drug in the blood system at the nth interval. The body eliminates a certain fraction p of the drug duri
What is Markov Chains or Processes?
I have 6 cups of patatos that I have to share with 13 friends write that as the nearest hundredth
solve the differential equation 8yk+2-6yk+1+yk=9 ,k=0 given that Y0=1 and y1=3/2
WHAT IS PRECALC
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