XYZ auto insurer company offers an auto insurance plan to the employees of a company. The employees cannot choose exactly two of the supplementary coverages liability, comprehensive, and collision. The probability that they choose any two of the supplementary coverages is 0.5 given that the employee has the other coverage. What is the probability that randomly selected employee has all three coverages given that the employee has at least one of the coverages?

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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XYZ auto insurer company offers an auto insurance plan to the employees of a
company. The employees cannot choose exactly two of the supplementary coverages
liability, comprehensive, and collision. The probability that they choose any two of
the supplementary coverages is 0.5 given that the employee has the other coverage.
What is the probability that randomly selected employee has all three coverages
given that the employee has at least one of the coverages?
Transcribed Image Text:XYZ auto insurer company offers an auto insurance plan to the employees of a company. The employees cannot choose exactly two of the supplementary coverages liability, comprehensive, and collision. The probability that they choose any two of the supplementary coverages is 0.5 given that the employee has the other coverage. What is the probability that randomly selected employee has all three coverages given that the employee has at least one of the coverages?
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