An Automobile Insurance Company Is in the Process of Reviewing

question 35

Essay

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.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?

---

Definitions:

Self-conscious Emotions

Emotions that require self-awareness and reflection, such as guilt, shame, embarrassment, and pride.

Self-conscious Emotions

Emotions that arise from self-reflection or self-evaluation, including feelings such as embarrassment, pride, shame, or guilt.

Prime Emotions

Fundamental emotions that are basic and universally experienced by humans, such as happiness, sadness, anger, and fear.

Self-conscious Emotion

Emotions that involve self-reflection and awareness of oneself in the context of social norms, such as embarrassment, pride, or guilt.