(a) Find the survival function for a person who is now years old. What is the probability that they survive next 8 years? (b) What is 10/2970? (answer with the numerical val but you should also be able to explain in words w probability the question is asking for). A probability of 35% is to be entered as 0.3500.

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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You are given that
S50(t) = 2-et/110
for t < 77.
(a) Find the survival function for a person who is now 76
years old. What is the probability that they survive the
next 8 years?
(b) What is 10/2970? (answer with the numerical value,
but you should also be able to explain in words what
probability the question is asking for).
A probability of 35% is to be entered as 0.3500.
Problem #3(a):
Problem #3(b):
answer correct to 4
decimals
answer correct to 4
decimals
Transcribed Image Text:You are given that S50(t) = 2-et/110 for t < 77. (a) Find the survival function for a person who is now 76 years old. What is the probability that they survive the next 8 years? (b) What is 10/2970? (answer with the numerical value, but you should also be able to explain in words what probability the question is asking for). A probability of 35% is to be entered as 0.3500. Problem #3(a): Problem #3(b): answer correct to 4 decimals answer correct to 4 decimals
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