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Lunna [17]
3 years ago
12

An insurance company divides its customers into 2 groups. twenty percent of customersare in the high-risk group, and eighty perc

ent are in the low-risk group. the high-riskcustomers make an average of 1 accident per year while the low-risk customers make anaverage of 0.1 accidents per year. eric had no accidents last year. what is the probabilitythat he is a high-risk driver?
Business
1 answer:
Lady_Fox [76]3 years ago
6 0
If Eric had no accidents than he would be classified as a low risk driver.
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3 0
2 years ago
Margene is the product manager at Fashions Ltd., a company that designs and manufactures clothes and fashion accessories. Notici
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As the Margene is the product manager at fashions ltd., a company that designs and manufactures clothes and fashion accessories. The managerial task performed by Margene is planning.

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Margene is the product manager at Fashions Ltd., a company that designs and manufactures clothes and fashion accessories. In deciding the allocation of resources for attaining her goals, the managerial task performed by Margene is planning.

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6 0
2 years ago
The simple interest 500,000 amount to 630,000. what is the percentage rate?​
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26% Subtract 500,000 from 630,000. Then divide the difference by 500,000.
4 0
4 years ago
If the forecasted volume increased to 12,000 procedures and budgeted costs increased to $440,000, while all other variables rema
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Answer- $ 54.74

Explanation-

= ($440,000 ÷ 12,000) + [($80,000 + 4,800 ($36.67 – $38.00)) ÷ 6,000]  / (1-0.106)

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= $ 54.74

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3 0
2 years ago
Peter was in the market for a new boat to use at his lake house. He attends the local boat show with his neighbor Sean. He sees
liq [111]

Answer:

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3 years ago
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