An agent sells life insurance policies to five equally aged, healthy people. According to recent date, the probability that a person lives m these conditions for 30 vears or more is The the probability that after 50 vears at least ihree people are still Iiving is D 0.9591 00413 0.9915

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, healthhy people.
According to recent date, the probability that a persou lives in these conditios for
30
vears or mOle is
Then the probubility that afte 30 years at least three people are
still living is
009591
O00413
0.9915
Transcribed Image Text:Question An agent sells life insurance policies to five equally aged, healthhy people. According to recent date, the probability that a persou lives in these conditios for 30 vears or mOle is Then the probubility that afte 30 years at least three people are still living is 009591 O00413 0.9915
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