Mathematics, 24.01.2020 19:31, kayli53531

Assume that the probability of a driver getting into an
accident is 4.2% and that the average cost of an accident is
$29,500. if the driver's insurance premium is $1354.00, what
is the overhead cost for the insurance company to insure the
driver?
a. $160
b. $190
c. $115
d. $290

Answers: 2

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Assume that the probability of a driver getting into an
accident is 4.2% and that the average...