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Mathematics, 20.02.2020 07:38 isaacgarcia0830

A fire insurance company has high-risk, medium-risk, and low-risk clients, that have, respectively, probabilities 0.02, 0.01, and 0.0025 of filing claims within a given year. The proportions of the numbers of clients in the three categories are 0.10, 0.20, and 0.70, respectively. What is the probability that a randomly selected filed claim came from a high-risk client?

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A fire insurance company has high-risk, medium-risk, and low-risk clients, that have, respectively,...

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