Risky drivers: An automobile insurance company divides customers into three categories: good risks, medium risks, and poor risks. Assume that of a total of 11,172 customers, 7744 are good risks, 2480 are medium risks, and 948 are poor risks. As part of an audit, one customer is chosen at random. Round your answers to four decimal places if necessary. Part: 0 / 2 Part 1 of 2 (a) What is the probability that the customer is a good risk? The probability that the customer is a good risk is 0.6912 Part: 1/ 2 Part 2 of 2 (b) What is the probability that the customer is not a poor risk? The probability that the customer is not a poor risk is

Risky drivers: An automobile insurance company divides customers into three categories: good risks, medium risks, and poor risks. Assume that of a total of 11,172 customers, 7744 are good risks, 2480 are medium risks, and 948 are poor risks. As part of an audit, one customer is chosen at random. Round your answers to four decimal places if necessary. Part: 0 / 2 Part 1 of 2 (a) What is the probability that the customer is a good risk? The probability that the customer is a good risk is 0.6912 Part: 1/ 2 Part 2 of 2 (b) What is the probability that the customer is not a poor risk? The probability that the customer is not a poor risk is

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter9: Counting And Probability

Section9.3: Binomial Probability

Problem 34E: Political Surveys In a certain county, 60% of the voters are in favor of an upcoming school bond...

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