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Assume that the probability of a driver getting into an accident is 6.3% the average cost of an accident is 14806.25 and the overhead cost for an insurance company per insured driver is 110 what should
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Assume that the probability of a driver getting into an accident is 6.3% the average cost of an accident is 14806.25 and the overhead cost for an insurance company per insured driver is 110 what should the drivers insurance premium be?

User Vijrox
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2 Answers

4 votes

Answer: 1042.79

Explanation:

User Ventaquil
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6.9k points
2 votes

Answer: $1042.79

Explanation:

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User Luke Machowski
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