Question:
2 percent of a certain company s life insurance policy
Last updated: 11/15/2023
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2 percent of a certain company s life insurance policy holders are smokers For each nonsmoker the probability of dying during the year is 0 015 For each smoker the probability of dying during the year is 0 05 Round your answers to at least 4 decimal places a Find the probability that a randomly selected policyholder died last year b Find the probability that a randomly selected policy holder who died last year was a smoker