D. To prepare premium rates the amounts customers pay) for an insurance plan, an insurance company conducts an extensive risk study to
determine the probability that a member of a certain group may require
a pay off. Based on these probabilities, the expected amount of payoff
is charged to the customer as part of the premium, Explain why car
Insurance companies charge a higher premium for teenage drivers
with a clean driving record than for adult drivers with a clean driving
record,

Using pert, adam munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months, and the project variance is 4. a) what is the probability that the project will be completed in 17 months? b) what is the probability that the project will be completed in 20 months? c) what is the probability that the project will be completed in 23 months? d) what is the probability that the project will be completed in 25 months? e) what is the due date that yields a 95% chance of completion?