An insurance company insures drivers of all ages. An actuary compiled the following statistics on the company's insured
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An insurance company insures drivers of all ages. An actuary compiled the following statistics on the company's insured
company insures drivers of all ages. An actuary compiled the following statistics on the company's insured drivers: Age of Driver 16-20 21-30 31-65 66-99 Probability of an Accident 0.06 0.03 0.02 0.04 Portion of Company's Insured Drivers 0.08 0.15 0.49 0.28 A randomly selected driver that the company insures has an accident. Calculate the probability that the driver was 16-20.
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