Here probability that any random individual will have more than 1 violation = P(x = 2) + P(x = 3) = 0.10 + 0.05= 0.15
so here we have three persons
so
Pr(All three have more than 1 violation) = 0.15 * 0.15 * 0.15 = 0.003375
(d) Here Probability that any random individual will have more than 1 violation = P(x = 2) + P(x = 3) = 0.10 + 0.05= 0.15
Now there are 3 persons
Pr(At least one of them has more than one violation) = 1 - Pr(None of them has more than one violations)
Pr(None of them has more than one violations) = (1 - 0.15)3= 0.614125
Pr(At least one of them has more than one violation) = 1 - Pr(None of them has more than one violations)
= 1 - 0.614125 = 0.3859
rolde An individual who has automobile insurance from a company is randomly selected. Let Y moving...
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1. An individual who has car insurance from a certain company is randomly selected. Let Y be the number of moving violations for which the individual was cited during the last 3 years. The probability distribution of Y is given in the table below: Ply) 0. 600 .25 0.10 0.05 a. Determine the expected value of Y, that is E(Y). [4 points) E(Y)=0(0.6) + 110.25) +2(0.10) +3(0.05) E(Y)=0.6 b. Suppose an individual with Y violations incurs a surcharge of $100XY?....
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