Hintfornumber2inAssignment3

Hintfornumber2inAssignment3 - An auto insurance agency was...

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An auto insurance agency was in investigating accident rates for drivers in different age groups. The following contingency provides a joint probability distribution for drivers by age group and the accident rate. 1 483 . 0 284 . 0 233 . 0 ) ( 062 . 0 018 . 0 018 . 0 026 . 0 ) (A 1 225 . 0 089 . 0 066 . 0 070 . 0 ) (A 1 713 . 0 376 . 0 200 . 0 137 . 0 ) (A 0 ) ( ) ( 45 ) ( 45 25 ) (G 25 Under years past three in accidents of Number Group Age 2 1 0 3 2 1 i i G P A P G Over G > Compute the probability that a randomly selected person from the above group has had more than one accident given that he or she is under 25 years old. 0 1 2 : The event that a person had 0 accidents The event that a person had 1 accident The event that a person had more than 1 (2 or more) accidents
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This note was uploaded on 09/22/2011 for the course STAT 101 taught by Professor Unknown during the Fall '08 term at Alabama State University.

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Hintfornumber2inAssignment3 - An auto insurance agency was...

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