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An auto insurance company insures drives of all ages. An actuary compiled the fol- lowing statistics on the company's insured drivers: Age of Probability Driver Portion of Company's of Accident Insured Drivers 16-20 0.06 0.08 21-30 0.03 0.15 31-65 0.02 0.49 66-99 0.04 0.28 A randomly insured driver has an accident. Calculate the probability that the driver was age 16-20.

An auto insurance company insures drives of all ages. An actuary compiled the fol- lowing statistics on the company's insured drivers: Age of Probability Driver Portion of Company's of Accident Insured Drivers 16-20 0.06 0.08 21-30 0.03 0.15 31-65 0.02 0.49 66-99 0.04 0.28 A randomly insured driver has an accident. Calculate the probability that the driver was age 16-20.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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An auto insurance company insures drives of all ages. An actuary compiled the fol- lowing statistics on the company's insured drivers: Age of Probability Driver Portion of Company's of Accident Insured Drivers 16-20 0.06 0.08 21-30 0.03 0.15 31-65 0.02 0.49 66-99 0.04 0.28 A randomly insured driver has an accident. Calculate the probability that the driver was age 16-20.
Transcribed Image Text:An auto insurance company insures drives of all ages. An actuary compiled the fol- lowing statistics on the company's insured drivers: Age of Probability Driver Portion of Company's of Accident Insured Drivers 16-20 0.06 0.08 21-30 0.03 0.15 31-65 0.02 0.49 66-99 0.04 0.28 A randomly insured driver has an accident. Calculate the probability that the driver was age 16-20.
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