An auto insurance company insures drives of all ages. An actuary compiled the fol- lowing statistics on the company's insured drivers: Age of Probability Driver Portion of Company's of Accident Insured Drivers 16-20 0.06 0.08 21-30 0.03 0.15 31-65 0.02 0.49 66-99 0.04 0.28 A randomly insured driver has an accident. Calculate the probability that the driver was age 16-20.
An auto insurance company insures drives of all ages. An actuary compiled the fol- lowing statistics on the company's insured drivers: Age of Probability Driver Portion of Company's of Accident Insured Drivers 16-20 0.06 0.08 21-30 0.03 0.15 31-65 0.02 0.49 66-99 0.04 0.28 A randomly insured driver has an accident. Calculate the probability that the driver was age 16-20.
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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![An auto insurance company insures drives of all ages. An actuary compiled the fol-
lowing statistics on the company's insured drivers:
Age of Probability
Driver
Portion of Company's
of Accident
Insured Drivers
16-20 0.06
0.08
21-30 0.03
0.15
31-65 0.02
0.49
66-99 0.04
0.28
A randomly insured driver has an accident. Calculate the probability that the driver
was age 16-20.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9b28a309-8ac8-4679-9b70-2e9592e140d0%2F76d0547f-9605-4db1-aa54-115878acfaf1%2Fgf5kby4_processed.png&w=3840&q=75)
Transcribed Image Text:An auto insurance company insures drives of all ages. An actuary compiled the fol-
lowing statistics on the company's insured drivers:
Age of Probability
Driver
Portion of Company's
of Accident
Insured Drivers
16-20 0.06
0.08
21-30 0.03
0.15
31-65 0.02
0.49
66-99 0.04
0.28
A randomly insured driver has an accident. Calculate the probability that the driver
was age 16-20.
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