Assume that the probability of a driver getting into an accident is 8.6%, the
average cost of a...
Mathematics, 08.01.2020 17:31 Nayb17
Assume that the probability of a driver getting into an accident is 8.6%, the
average cost of an accident is $16,886.05, and the overhead cost for an
insurance company per insured driver is $115. what should the driver's
insurance premium be?
a. $1276.27
b. $1565.48
c. $1442.99
d. $1166.91
Answers: 3
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