​Use the Following Setup for Question

question 20

Multiple Choice

​Use the following setup for question
Both Nadia and Samantha are applying to insure their car against theft.Nadia lives in a secure neighborhood,where the probability of theft is 10%.Samantha lives in a lesser secure neighborhood where the probability of theft is 25%.Both Nadia and Samantha own cars worth $10,000,and are willing to pay $100 over expected loss for insurance.
-​Suppose the insurance company cannot tell them apart but expects them to be different values and charges them an average premium of $1850. How much profit would it make?

• A)​$1850
• B)Zero-they would break even
• C)They would make a loss of $650
• D)​They would make a loss of $1100

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Definitions:

Green 9-pin Connector

A specific type of electrical connector with nine pins, usually colored green, used for various electrical connections in devices.

Proprietary Data Programming

A process involving the programmatic manipulation of data that is owned by a particular entity or individual, often kept confidential.

Snapshot Data

Instantaneous data or information captured at a specific moment in time, often used in diagnostics or data analysis.

ISO Wiring Color Code

An international standard defining the colors and functions of electrical wiring used in machinery and automotive applications to ensure safety and interoperability.