Assume that the mortality rate of a unicorn increases by 10% every year and assume that a proportion 1/100 of unicorns live only between 63 and 64 years. Compute the probability that a unicorn lives no more than 71 years given that they have lived already for 70 years.
Assume that the mortality rate of a unicorn increases by 10% every year and assume that a proportion 1/100 of unicorns live only between 63 and 64 years. Compute the probability that a unicorn lives no more than 71 years given that they have lived already for 70 years.
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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Assume that the mortality rate of a unicorn increases by 10% every year and assume that a proportion 1/100 of unicorns live only between 63 and 64 years. Compute the probability that a unicorn lives no more than 71 years given that they have lived already for 70 years.
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