An agent sells life insuance policies to five equally agod, healthy people. Acconding to recent date, the probability that a person lives in these conditions for 30 years or more is. Then the probability tlat after 30 years exactly two people are still living is

Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A: Given : Probability that a person lives for 30 years or more , p  = 3/5 = 0.6 Sample size , n = 5…

Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A: Let X represent the random variable p=3/5 n=5   X~ Binomial (5, 3/5)

Q: The probability that Mr. Johnson goes for an evening walk on any given day during the summer is…

A: The probability that Mr. Johnson goes for an evening walk on any given day during the summer is…

Q: An agent sells life insurance policies to five equally aged, healthy poople. According to recent…

A: The correct answer is 0.2304

Q: The following is the probability function used to depict the projected net income (in millions) for…

A: Let X be the net Income (in million $). We have been given the probability distribution of X. To…

Q: Assume that there is a 9% rate of disk drive failure in a year. a. If all your computer data is…

A: Note: Hi! Thank you for the question. Although you have mentioned two questions, both the images are…

Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A: Given : Probability that a peon lives in these condition 30 years or more = 3/5 = 0.6 Sample size ,…

Q: at the bank of california, past data show that 8% of all credit card holders default at some time in…

A:

Q: Assume that there is a 5​% rate of disk drive failure in a year.   a. If all your computer data is…

A: We have to find given probability.

Q: Suppose that Joe arrives home on time with probability 0.8. If Joe does not arrive home on time, the…

A: Given that P(on time)=0.8 So, P(not on time)=1-P(on time)=1-0.8=0.2   P(burnt dinner)=P(on time and…

Q: Suppose that 20% of the programs sold at the home game of a professional sports team contain a…

A: Since, we have to calculate the probability that at least half of the friends received the discount…

Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A: Let X represent the random variable p=3/5 n=5   X~ Binomial (5, 3/5)

Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A: Since all are equally aged all the five policyholders will have the same probability of living for…

Q: Suppose that 70% of students in Prof. Leen’s statistics class do their homework regularly and 65%…

A:

Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A: From the given information, Consider, X be the discrete random variable that denotes the number…

Q: The potential buyer of a particular engine requires that the engine start successfully 8 consecutive…

A: Given that, The potential buyer of a particular engine requires that the engine start successfully…

Q: Assume that there is a 11​% rate of disk drive failure in a year.   a. If all your computer data is…

A: Define the event F that the disk drive fails and event W is defined as the disk drive works. The…

Q: An assembly line machine produces a defective widget 23% of time,the rest of the time it produces a…

A: Here, n = 21 and p = 0.23.

Q: Assume that there is a 5​% rate of disk drive failure in a year.   a. If all your computer data is…

A: Define the event F that the disk drive fails and event W is defined as the disk drive works. The…

Q: The probability that a 28-year old male in the US will die within one year is approximately 0.001…

A: Given information:Probability that a 28-year old male in the US will die within one year is…

Q: Suppose that a trainee soldier shoots a target in an independent manner. If the probability that the…

A: Since you have asked multiple question, according to our guidelines we will solve the first question…

Q: A man wishes to purchase a life insurance policy that will pay the beneficiary $25,000 in the event…

A: It is given that he will live another year is 0.92 and the amount of gain is 25,000.

Q: Suppose that, for a particular type of cancer, chemotherapy provides a 5-year survival rate of 80%…

A:

Q: An airline is planning its staffing needs for the next year. If a new route is approved, it will…

A: Formula: E(X) = ∑i=1nXiP(Xi) Given: X1 = 801, P(X1) = 0.31, X2 = 199.

Q: Assume that there is a 10​%rate of disk drive failure in a year.   a. If all your computer data is…

A: Given information: P(Failure) = 0.10

Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A: Given data, n=5 p=3/5 P(X=2)=?

Q: Suppose that the probability is 0.0122 that a person who purchases a ticket for an airplane does not…

A: Probability is 0.0122 that a person who purchases a ticket for an airplane does not show up for the…

Q: What is the probability that Ben commuted to work using a bicycle on only two days out of Monday,…

A: here given, ben commute to work either with bicycle or with car  so p = 1/2 = probability of ben…

Q: Assume that there is a 10​% rate of disk drive failure in a year.   a. If all your computer data is…

A: Given that,There is a 10% rate of disk drive failure in a yeari.e P(failure disk drive) = 0.1a)…

Q: Assume that there is a 7% rate of disk drive failure in a year. a. If all your computer data is…

A: Given, Assume that there is a 7% rate of disk drive failure in a year.a. If all your computer data…

Q: The probability that a man aged 50 years will die within a year is 0.01125. What is the probability…

A:

Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A: Given : Probability that a person lives in these conditions for 30 years or more , p = 3/5 = 0.6…

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A:

Q: (a) tenth free throw on his twelfth shot, (b) first free throw on his sixth shot?

A:

Q: Suppose that a salesperson succeeds in making a sale with one in every five potential customers…

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Q: assume that each of your calls to a popular radio station has a probability of 0.02 of connecting,…

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Q: the probability an airplane arrives on time 80% of the time.Out of ten flights, what is the…

A: Given that  Probability an airplane arrives on time is 80%   P =0.80 (1-P) = 1-0.80 = 0.20 Sample…

Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A: Given, p = 3/5 = 0.6 n = 5

Q: A married couple agreed to continue bearing a new child until they get two boys,  but not more than…

A: Let p be the probability of getting boy  q be the probability of getting girl  p=q=0.5 , n=number…

Q: Assume that there is a 66​% rate of disk drive failure in a year.   a. If all your computer data is…

A: Introduction: A catastrophe would be caused if all the hard disk drives available to a person fail…

Q: If an employee is selected at random, find the probability that the employee is a deli/bakery worker…

A: Here total  employees = 45 represented in table  Probability = Favorable / total

Q: Assume that there is a 6​% rate of disk drive failure in a year.   a. If all your computer data is…

A: Consider,P (disk failure) = 0.06  q     = 0.06p = 1- qp = 1- 0.06,p = 0.94

Q: Assume that there is a 9% rate of disk drive failure in a year. a. If all your computer data is…

A: The following solution is given below:

Q: The potential buyer of a particular engine requires that the engine start successfully 8 consecutive…

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Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A:

Q: Assume that the microphone malfunctions with probability 0.39, the speakers with probability 0.43,…

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Q: probability that student received an A? (Assume that each student receives one grade.)

A: Last semester, a certain professor gave 21 As out of 330 grades.  Here use basic probability =…

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Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A:

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.