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

The shape of a graph, The Shape of a Graph, Part II : In previous we saw h...

The Shape of a Graph, Part II : In previous we saw how we could use the first derivative of a function to obtain some information regarding the graph of a function.  In this secti

HELP, WHAT TWO SIX DIDGIT NUMBERS CAN YOU ADD 984,357

WHAT TWO SIX DIDGIT NUMBERS CAN YOU ADD 984,357

Volume., what is the volume of new ipad pro box

what is the volume of new ipad pro box

Simplify the logical expression, Simplify the logical expression X‾ Y‾ + X‾...

Simplify the logical expression X‾ Y‾ + X‾ Z + Y Z +Y‾ Z W‾  Ans: The K-Map for the following Boolean expression is described by the following diagram. The optimized expression

Commercial arithmetic, if oranges are bought at the rate of 11 for rupees ...

if oranges are bought at the rate of 11 for rupees 10 and are sold at the rate of 10 for rupees 11, find the profit percent

Find the number of males and females in the village, The population of the ...

The population of the village is 5000.  If in a year, the number of males were to increase by 5% and that of a female by 3% annually, the population would grow to 5202 at the end o

Evaluate integrals (1 - (1 /w) cos (w - ln w) dw, Evaluate following integr...

Evaluate following integrals.                       ( (1 - (1 /w) cos (w - ln w) dw Solution In this case we know how to integrate only a cosine therefore let's makes th

How many cubic feet of steel is require to construct, A spherical holding t...

A spherical holding tank whose radius to the outer surface is 10 feet is constructed of steel 1 inch thick. How many cubic feet of steel is require to construct the holding tank? R

Which of the following binomials could represent the length, The area of Mr...

The area of Mr. Smith's rectangular classroom is x 2 - 25. Which of the following binomials could represent the length and the width of the room? Since area of a rectangle is

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