Revision as of 13:49, 1 June 2022 by Admin (Created page with "A large portfolio of travel insurance policies contains policies with three different deductible levels: 50% have a deductible of $200, 25% have a deductible of $400 and 25% h...")
ABy Admin
Jun 01'22
Exercise
A large portfolio of travel insurance policies contains policies with three different deductible levels: 50% have a deductible of $200, 25% have a deductible of $400 and 25% have a deductible of $600. Ten policies are randomly chosen from the portfolio of policies two of which have a deductible of $600. Determine the probability that more than six of the policies chosen have a deductible of $400.
- 0
- 0.0351
- 0.1951
- 0.225
- 0.2351