Assume that the probability of a driver getting into an accident is 6.8% and that the average cost of an accident is $28,750. If the driver's insurance
premium is $2205.00, what is the overhead cost for the insurance company
to insure the driver?
A.$260
B.$190
C.$250
D.$290
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Home » Mathematics » Assume that the probability of a driver getting into an accident is 6.8% and that the average cost of an accident is $28,750. If the driver's insurance premium is $2205.00, what is the overhead cost for the insurance company to insure the driver? A.