Question

Five people buy individual insurance policies. According to the research, the probability of each of these people not filing a claim for at least 5 years is 2/3.
The probability that all 5 have not filed a claim after 5 years is A: 0.132 B: 0.868 C: 1 , and the probability that exactly 3 will have filed a claim after 5 years is A: 0.016 B: 0.033 C: 0.067 .

Answer 1

The first part is .132 and the second is .033

Answer 2

P(no claim after 5 years) = (2/3)^5 =  0.132