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Posted on Jun 15, 2024

Out of 400 employees of a firm 20 have a life insurance policy, 300 have a medical insurance cover and 100 participate in both programs.

I. What is the probability that randomly selected employee will be a participant in at least one of the two programs

Ii. Determine the probability that employee will be a participant in the life insurance plan given that he/she has a medical insurance coverage.

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