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23 August, 09:59

An insurance company divides its customers into 2 groups. twenty percent of customersare in the high-risk group, and eighty percent are in the low-risk group. the high-riskcustomers make an average of 1 accident per year while the low-risk customers make anaverage of 0.1 accidents per year. eric had no accidents last year. what is the probabilitythat he is a high-risk driver?

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  1. 23 August, 10:33
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    If Eric had no accidents than he would be classified as a low risk driver.
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