Suppose an automobile insurance company classifies a driver as good, average, or bad. Of all their insured
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Suppose an automobile insurance company classifies a driver as good, average, or bad. Of all their insured drivers, 25% are classified good, 50% are average, and 25% are bad.
Suppose for the coming year, a good driver has a 5% chance of having an accident, and an average driver has 15% chance of having an accident, and a bad driver has a 25% chance. If you had an accident in the past year what is the probability that you are a good driver?
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Related Book For
Artificial Intelligence Structures And Strategies For Complex Problem Solving
ISBN: 9780321263186
5th Edition
Authors: George F. Luger
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