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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
A firm is manufacturing 45,000 units of nuts. The probability of having a defective nut is 0.15 Compute the given i. The expected no. of defective nuts ii. The standard an
Definite Integral : Given a function f ( x ) which is continuous on the interval [a,b] we divide the interval in n subintervals of equivalent width, Δx , and from each interval se
Q. Describe Standard Normal Distribution? Ans. The Standard Normal Distribution has a mean of 0 and a standard deviation of 1. The letter Z is often used to refer to a sta
d^2y/dx^2 if x=ct,y=c/t
i dont understand what my teacher disccussing thats why i want to learn for this lesson. i want to ask'' what is the variables?
lecturer notes
#questiThe net profit in an appliance department for the spring /sumeer was $20,000 which represented 2% of net sales. Operating expenses total $480,000 find dollar amount of gross
Consider the clique graph below. a) How many subgraphs of G with 3 nodes are there? b) How many of the subgraphs defined in part(a) are induced subgraphs?
Now let's move onto the revenue & profit functions. Demand function or the price function Firstly, let's assume that the price which some item can be sold at if there is
lim(x->0) xln²(xln(x))
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