Social Studies, 29.11.2021 18:30 Jennybelandres1
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%, 50%, and 20%, respectively. The probability a “good” driver will have an accident is 0.01, the probability a “medium” risk driver will have an accident is 0.03, and the probability a “poor” driver will have an accident is 0.10. The company sells Mr. Brophy an insurance policy and he has an accident. What is the probability Mr. Brophy is: a good driver, a medium driver and a poor 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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