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Problem 2: It is known that in United States the probability of death within one year for a ETyearold person as 0.01059. Suppose that you
Problem 2: It is known that in United States the probability of death within one year for a ETyearold person as 0.01059. Suppose that you are an insurance agent with 10 clients who have just reached age 57. Assume here that deaths of the clients are independent events. (a) "W hat is the probability that all 10 survive the next year? (15) WT hat is the probability that Q will survive and exactly one will die during the next year? (c) Find the probability that more that 2 will survive during the next year
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