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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
Extended product rule : As a last topic let's note that the product rule can be extended to more than two functions, for instance. ( f g h )′ = f ′ gh + f g ′ h+ f g h′ ( f
Center of Mass - Applications of integrals In this part we are going to find out the center of mass or centroid of a thin plate along with uniform density ρ. The center of mass
Under this section we will be looking at the previous case for the constant coefficient and linear and homogeneous second order differential equations. In this case we need soluti
7a^2+12a-11=0
2x=3+x
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Melissa is four times as old as Jim. Pat is 5 years older than Melissa. If Jim is y years old, how old is Pat? Start along with Jim's age, y, because he appears to be the young
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