Question
ABC Auto Insurance classifies drivers as good, medium, or poor risks. Drivers who apply to them for insurance fall into these three groups in the
| ABC Auto Insurance classifies drivers as good, medium, or poor risks. Drivers who apply to them for insurance fall into these three groups in the proportions 30%, 50%, and 20%, respectively. The probability a good driver will have an accident is .01, the probability a medium risk driver will have an accident is .03, and the probability a poor driver will have an accident is .10. The company sells Mr. Brophy an insurance policy and he has an accident. What is the probability Mr. Brophy is: |
| a. | A good driver?(Round your answers to 3 decimal places.) |
| Probability |
| b. | A medium risk driver?(Round your answers to 3 decimal places.) |
| Probability |
| c. | A poor driver?(Round your answers to 3 decimal places.) |
| Probability |
|
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An Introduction to Measure Theoretic Probability
Authors: George G. Roussas
2nd edition
128000422, 978-0128000427
