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If each reported claim is allocated to an adjuster in a random manner, determine the probability that all reported claims will be serviced by an adjuster that is qualified to service the claim. | If each reported claim is allocated to an adjuster in a random manner, determine the probability that all reported claims will be serviced by an adjuster that is qualified to service the claim. | ||
< | <ul class="mw-excansopts"> | ||
<li>0.05</li> | <li>0.05</li> | ||
<li>0.0545</li> | <li>0.0545</li> | ||
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<li>0.0682</li> | <li>0.0682</li> | ||
<li>0.0762</li> | <li>0.0762</li> | ||
</ | </ul> |
Latest revision as of 02:11, 18 March 2024
An insurance company employs 10 claims adjusters at a local office where 4 adjusters deal with home insurance claims, 2 adjusters deal with auto insurance claims, and 4 adjusters deal with travel insurance claims. The local office receives 6 new reported claims from policyholders: 2 claims for auto, 3 claims for home, and 1 claim for travel.
If each reported claim is allocated to an adjuster in a random manner, determine the probability that all reported claims will be serviced by an adjuster that is qualified to service the claim.
- 0.05
- 0.0545
- 0.0622
- 0.0682
- 0.0762