An Insurance Company Has Collected the Following Data on the Gender

question 111

Multiple Choice

An insurance company has collected the following data on the gender and marital status of 400 customers. Suppose that a customer is selected at random. Is it more likely to be a single female or a single male? Determine the probabilities of each.

• A) P(single male) = 25/240, P(single female) = 50/160, therefore more likely to be a single male
• B) P(single male) = 25/400, P(single female) = 50/400, therefore more likely to be a single female.
• C) P(single male) = 290/400, P(single female) = 185/400, therefore more likely to be a single male
• D) P(single male) = P(single female) therefore equally likely

---

Definitions:

Artificial Intelligence

The simulation of human intelligence in machines that are programmed to think like humans and mimic their actions.

Permission Marketing

A method of marketing where companies seek consent from potential customers before sending them promotional messages or emails.

Opt-out Marketing

A form of marketing where consumers are automatically enrolled into marketing communications but are given the choice to opt-out.

E-mail Updates

Communications sent to a subscriber's email address to inform them about news, products, or promotions.