Mathematics, 28.05.2021 16:10, Leeyah6606

An insurance company classifies people into two classes: Good risks and Bad risks. Their records indicate that the probability that a person is involved in an accident over a one-year period is 0.14 for a Good risk and 0.20 for a Bad risk. Suppose 60 percent of the population are Good risks and 40 percent are Bad risks. What proportion of people have accidents in a given year

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An insurance company classifies people into two classes: Good risks and Bad risks. Their records ind...