Mathematics, 21.10.2019 18:30 kamiyaharris1

In a given year there is a 3% chance you will get in a small accident costing around $2000 and 0.1% chance you will get in a major accident costing around $150,000 and a 96.9% chance you will not get in any accident what premium should insurance company charge if they want an average profit of $400

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In a given year there is a 3% chance you will get in a small accident costing around $2000 and 0.1%...