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As accounts manager in your company, you classify 28% of the customers as good credit and the rest as risky credit depending on their
As accounts manager in your company, you classify 28% of the customers as "good credit" and the rest as "risky credit" depending on their credit rating. Customers in the "risky" category allow their accounts to go overdue 64% of the time on average, whereas those in the "good" category allow their accounts to go overdue only 5% of the time. Fill in the missing probabilities as set up in the formula above to obtain the probability that an overdue account is held by a customer in the "risky credit" category. C + Answers accurate to 4 decimal places = Check Clear Help!
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