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21 September, 20:03

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

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Answers (1)
  1. 21 September, 20:28
    0
    Answer: $115
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