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 at least three people are still living is: 0.9591 0.9915 O 0.0413 O 0.9502

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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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 at least three people are
still living is:
0.9591
0.9915
0.0413
0.9502
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 at least three people are still living is: 0.9591 0.9915 0.0413 0.9502
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