20% of people are accident-prone and have a probability 0.15 of having an accident in a 1-year...
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20% of people are “accident-prone” and have a probability 0.15 of having an accident in a 1-year period in contrast to a probability of 0.05 for the other 80% of people.
(a) If we pick a person at random, what is the probability that they will have an accident this year? (b)What is the probability a person is accident-prone if they had an accident last year?
(c) What is the probability that they will have an accident this year if they had one last year?
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Let B the person is accidentprone A 1 the person will have an accident this year A 2 the pers...View the full answer
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