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TEA [102]
3 years ago
6

What is compound probability?

Mathematics
1 answer:
nika2105 [10]3 years ago
8 0

Answer:

Step-by-step explanation:

Compound probability is a mathematical term relating to the likeliness of two independent events occurring. Compound probability is equal to the probability of the first event multiplied by the probability of the second event. Compound probabilities are used by insurance underwriters to assess risks and assign premiums to various insurance products.

pls mark me the brainliest pls

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