1. It is known that an average 3 out of 1,000 drivers in a city are involved in an accident due to another person. If the car has an insurance policy, the insurance company pays compensation to the owner. Some insurance company has 700 contracts that were made with drivers in this city. What is the probability that exactly 2 people will receive compensation during the year?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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1. It is known that an average 3 out of 1,000 drivers in a city are involved in an
accident due to another person. If the car has an insurance policy, the insurance
company pays compensation to the owner. Some insurance company has 700
contracts that were made with drivers in this city. What is the probability that
exactly 2 people will receive compensation during the year?
Transcribed Image Text:1. It is known that an average 3 out of 1,000 drivers in a city are involved in an accident due to another person. If the car has an insurance policy, the insurance company pays compensation to the owner. Some insurance company has 700 contracts that were made with drivers in this city. What is the probability that exactly 2 people will receive compensation during the year?
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