The complete question is;
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) P(all 5 file no claim after 5 years) = 0.132
2) P(exactly 3 file claim after 5 years) = 0.033
Step-by-step explanation:
1) we are told that the probability of each of these people not filing a claim for at least 5 years is 2/3.
Thus, for all 5 of them,
The probability will be;
P(all 5 file no claim after 5 years) = (2/3)^5 = 0.1317 ≈ 0.132
2) since probability of each not filing a claim for last 5 years = 2/3
Then probability of each filing a claim after 5 years = 1 - 2/3 = 1/3
So, P(exactly 3 file claim after 5 years) = (1/3)^3 ≈ 0.037.
The closest answer is 0.033.
The answer is 9
both 81 and 63 are dividable by 9, and nothing higher
Answer:
4 hours
Step-by-step explanation:
Alright, so Steve has $50 in his pocket. He wants to rent a bike for the maximum amount of time possible with his money. It costs him $12 per hour to rent a bike.
To solve this problem use simple arithmetic:
($50/$12=4.16)
So Steve is able to rent the bike for 4.16 hours, but we aren't done yet. Steve cannot purchase 16% of an hour, he can only buy FULL hours, so with his $50 , the maximum amount of time he can buy is 4 hours!
Let me know if you need any further explanations :)
Jan can eat 0.40 hot dogs per minute.