1. An insurance company looks at its auto insurance customers and finds that (a) all insure at least one car, (b) 85% insure more than one car, (c) 23% insure a sports car, and (d) 17% insure more than one car, including a sports car. Find the probability that a customer {insure {insure a sports car}. We have P(A) = 85%, P (B) = 23%, selected at random insures exactly one car and it is not a sports car. Hint: Let A = more than one car}, and B = %3D and P(AN B) = 17%. What is P(A'n B')?

1. An insurance company looks at its auto insurance customers and finds that (a) all insure at least one car, (b) 85% insure more than one car, (c) 23% insure a sports car, and (d) 17% insure more than one car, including a sports car. Find the probability that a customer {insure {insure a sports car}. We have P(A) = 85%, P (B) = 23%, selected at random insures exactly one car and it is not a sports car. Hint: Let A = more than one car}, and B = %3D and P(AN B) = 17%. What is P(A'n B')?

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Description: 1. An insurance company looks at its auto insurance customers and finds that (a) all insureat least one car, (b) 85% insure more than one car, (c) 23% insure a sports car, and (d)17% insure more than one car, including a sports car. Find the probabi

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Concept explainers

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.

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Question

1. An insurance company looks at its auto insurance customers and finds that (a) all insure
at least one car, (b) 85% insure more than one car, (c) 23% insure a sports car, and (d)
17% insure more than one car, including a sports car. Find the probability that a customer
{insure
{insure a sports car}. We have P (A) = 85%, P (B) = 23%,
selected at random insures exactly one car and it is not a sports car. Hint: Let A =
more than one car}, and B
and P (An B) = 17%. What is P (A'n B')?

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