Mathematics, 25.10.2019 23:43 gracedaniels68
An insurance company issues life insurance policies in three separate categories: standard, preferred and ultra-preferred. of the company's policyholders, 50% are standard 40% are preferred, and 10% are ultra-prefered. each standard policyholder has probability 0.010 of dying in next year, each preferred policyholder has probability 0.005 of dying in the next year, and each ultra-preferred policyholder has probability 0.001 of dying in the next year. a policyholder dies in the next year. what probability that the deceased policyholder was ultrapreffered?
Answers: 1
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