Question

1) Brooks Insurance Inc. wishes to offer life insurance to men age 60 via the Internet Mortality tables indicate the likelihood of a 60-year-old man surviving another year is .98. If the policy is offered to five men age 60 a. What is the probability all five men survive the year? b. What is the probability at least one does not survive? 2) With each purchase of a large pizza at Tony's Pizza, the customer receives a coupon that can be scratched to see if a prize will be awarded. The odds of winning a free soft drink are 1 in 10, and the odds of winning a free large pizza are 1 in 50. You plan to eat lunch tomorrow at Tony's. What is the probability a. That you will win either a large pizza or a soft drink? b. That you will not win a prize?

Answer 1

el suruining ) = 0.98 n=5 Now by the Binomial Dist" with n=s, p = 0.98 bet x ~ Bin (5,0.6) @ pl all five sumine) = P(x=s) P(x-5) = nep" (IP) Max Sc 10.90) (0.02) 10.98) = 0.9039 e o el does not suruine) = 120.98 = 0.02 Plus, 1) = |- Ply21) =l-P[420] Ply=0) = May (P)" (1-P) ny - 5c (0.02)° (0.98) 10.48) - 0.9039 Please So el doe, at least I does not suruine) = 1-0.9039 = 0.0960 According to HomeworkLib Policy I did only first question. Thank you like