A group of 900 people have a similar problem. The statistical probability of this problem happening...
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A group of 900 people have a similar problem. The statistical probability of this problem happening to an individual in their unique group in the next year is 7%, and the average damages are $14,000. Part 1 Create an insurance policy for this group, and calculate how much each person in the group would need to pay as a monthly premium to full cover this need. 0+ decimals Attempt 1/1 Save A group of 900 people have a similar problem. The statistical probability of this problem happening to an individual in their unique group in the next year is 7%, and the average damages are $14,000. Part 1 Create an insurance policy for this group, and calculate how much each person in the group would need to pay as a monthly premium to full cover this need. 0+ decimals Attempt 1/1 Save
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