Posted by Anonymous on Wednesday, February 9, 2011 at 7:35am.
It is known that about 20% of car insurance policies include emergency road service. Suppose we randomly select 10 car insurance policies.
What is the probability that at least one policy will have emergency road service?
What is the expected number of policies having emergency road service?
I couldn't figure out the second part. for the first one i got .3758
- Math?? - Writeacher, Wednesday, February 9, 2011 at 8:01am
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- probability - drwls, Wednesday, February 9, 2011 at 8:04am
How did you get 0.3748 for part 1? The correct answer is 1 - (0.8)^10
One minus the probability that none of the ten have roadside coverage
The expecation value is the single-policy probabiity x (number of policies). That product is 2.
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