Question 745854: He is the last guy you want to see in your rearview mirror when you are speeding down the highway, but research shows that a traffic ticket reduces a driver's
chance of being involved in a fatal accident, at least for a few weeks. By age group, 14.3% of all drivers are younger than age 25, 52.2% are between ages 25 and 54,
and 33.5% are 55 or older. Statistics show that 1.9% of the drivers younger than age 25, 2% of those ages 25 to 54, and 0.8% of those 55 or older will
have an accident in the next month. What is the probability that a randomly identified driver will have an accident in the next month?
(Give your answer correct to three decimal places.)
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! He is the last guy you want to see in your rearview mirror when you are speeding down the highway, but research shows that a traffic ticket reduces a driver's chance of being involved in a fatal accident, at least for a few weeks.
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By age group, 14.3% of all drivers are younger than age 25,
52.2% are between ages 25 and 54, and 33.5% are 55 or older.
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Statistics show that 1.9% of the drivers younger than age 25, 2% of those ages 25 to 54, and 0.8% of those 55 or older will have an accident in the next month.
What is the probability that a randomly identified driver will have an accident in the next month?
(Give your answer correct to three decimal places.)
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Note: You have lots of data but not enough to answer the question.
Cheers,
Stan H.
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