subject
Mathematics, 19.02.2020 03:50 jlang8

An automobile insurance company divides customers into three categories, good risks, medium risks, and poor risks. Assume that 70% of the customers are good risks, 20% are medium risks, and 10% are poor risks. Assume that during the course of a year, a good risk customer has probability 0.005 of filing an accident claim, a medium risk customer has probability 0.01, and a poor risk customer has probability 0.025. A customer is chosen at random. A) What is the probability that the customer is a good risk and has filed a claim?
B) What is the probability that the customer has filed a claim?
C) Given that the customer has filed a claim, what is the probability that the customer is a good risk?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 19:10
What is the anwers for 9+2x=5x-3-x
Answers: 2
question
Mathematics, 21.06.2019 20:00
Which of the following is an equation of a line parallel to the equation y=4x+1?
Answers: 1
question
Mathematics, 21.06.2019 20:00
Find the value of x. round the length to the nearest tenth
Answers: 1
question
Mathematics, 21.06.2019 23:30
Can someone, me with this.i really need with this
Answers: 3
You know the right answer?
An automobile insurance company divides customers into three categories, good risks, medium risks, a...
Questions
question
Mathematics, 26.02.2021 14:00
question
Social Studies, 26.02.2021 14:00
question
Mathematics, 26.02.2021 14:00
question
Biology, 26.02.2021 14:00
question
Mathematics, 26.02.2021 14:00
question
Business, 26.02.2021 14:00
Questions on the website: 13722363