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arlik [135]
3 years ago
10

A fire insurance company has high-risk, medium-risk, and low-risk clients, that have, respectively, probabilities 0.02, 0.01, an

d 0.0025 of filing claims within a given year. The proportions of the numbers of clients in the three categories are 0.10, 0.20, and 0.70, respectively. What is the probability that a randomly selected filed claim came from a high-risk client?
Mathematics
1 answer:
KIM [24]3 years ago
5 0

Answer:

Probability that the claim came from a high-risk client = claim from a high-risk client / claim from all clients

= 0.002 / (0.002 + 0.002 + 0.00175)

= 0.002 / 0.00575‬

= 0.3478

= 0.35

Step-by-step explanation:

Claims filed by each group of clients is gotten by multiplying the probabilities of occurrence by proportions of the number of client in the category

Claims filed by high-risk clients = 0.02 * 0.10 = 0.002‬

Claims filed by medium-risk clients = 0.01 * 0.20 = 0.002‬

Claims filed by low-risk clients = 0.0025 * 0.70 = 0.00175‬

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Answer:

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7 0
3 years ago
Read 2 more answers
In the 2006 Winter Olympics, Sweden won 3 medals more than China. Germany
muminat

Germany secured 29 medals

Step-by-step explanation:

In the 2006 Winter Olympics

  • Sweden won 3 medals more than China
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  • 54  medals were won in all

We need to find how many medals did Germany secure

Assume that x represents the number of medals that Sweden won

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∴ China won = x - 3 medals

∵ Germany  secured one more than twice the number of

   medals bagged by Sweden

- That means multiply x by 2 and add 1

∴ Germany secured = 2x + 1 medals

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∴ Germany secured ⇒ 2(14) + 1 = 28 + 1 = 29

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Learn more:

You can learn ore about the word problems in brainly.com/question/10557938

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7 0
3 years ago
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Hi student, let me help you out! :)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  . . . . . . . . . . .  . . . . . . . . . . . . . . . . . . . . . . .

We are asked to simplify the expression \large\pmb{7x^2-x^2}.

\triangle~\fbox{\bf{KEY:}}

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That's exactly what we need to do - combine like terms.

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