Ken K.

asked • 01/05/17

Statistics question...help

Five people buy individual insurance policies. According to the research, the probability of each of these people not filing a claim for at least 5 years is .
The probability that all 5 have not filed a claim after 5 years is
0.132
0.868
1
, and the probability that exactly 3 will have filed a claim after 5 years is
0.016
0.033
0.067
.

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