An agent sells life insurance policies to five equally aged, healthy people. According to recent date, the probability that a person lives in these conditions for 30 years or more is2. Then the probability that after 30 years exactly two people are still 5 living is:
An agent sells life insurance policies to five equally aged, healthy people. According to recent date, the probability that a person lives in these conditions for 30 years or more is2. Then the probability that after 30 years exactly two people are still 5 living is:
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.CR: Chapter 12 Review
Problem 11CR
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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.
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Transcribed Image Text:An agent sells life insurance policies to five equally aged, healthy people.
According to recent date, the probability that a person lives in these conditions for
30 years or more is
Then the probability that after 30 years exactly two people are still
5
living is:
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