An Automobile Insurance Company Is in the Process of Reviewing

question 5

Multiple Choice

An automobile insurance company is in the process of reviewing its policies.Currently,drivers under the age of 25 have to pay a premium.The company is considering increasing the premium charged to drivers under 25.According to company records,35 percent of the insured drivers are under the age of 25.The company records also show that 280 of the 700 insured drivers under the age of 25 have been involved in at least one automobile accident.On the other hand,only 130 of the 1300 insured drivers 25 years or older have been involved in at least one automobile accident.
An accident has just been reported.What is the probability that the insured driver is under the age of 25?

• A)35%
• B)20.5%
• C)14%
• D)68.3%
• E)40%

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Definitions:

Technical Jobs

Occupations that require specialized knowledge and skills in areas related to science, technology, engineering, and math (STEM).

Streams of Feminism

Various ideological perspectives within feminism that focus on different issues and goals, such as liberal feminism, radical feminism, and intersectional feminism.

Young Canadians

Individuals in Canada typically categorized as being in their youth, often defined by specific age ranges for statistical, social, or policy purposes.

Liberal Feminism

A branch of feminism that emphasizes the equality of sexes through political and legal reform within the current structure of society.