Mathematics, 23.09.2019 19:20 Geo777
Abc auto insurance classifies drivers as good, medium, or poor risks. drivers who apply to them for insurance fall into these three groups in the proportions 30 percent, 50 percent, and 20 percent, respectively. the probability a "good" driver will have an accident is .01, the probability a "medium" risk driver will have an accident is .03, and the probability a "poor" driver will have an accident is .10. the company sells mr. brophy an insurance policy and he has an accident. what is the probability mr. brophy is: a. a "good" driver? b. a "medium" risk driver? c. a "poor" driver?
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are the events that denotes the good drive, medium drive and poor risk driver.
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Abc auto insurance classifies drivers as good, medium, or poor risks. drivers who apply to them for...
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