Question:

As accounts manager in your company you classify 28 of the

Last updated: 5/4/2023

As accounts manager in your company you classify 28 of the

As accounts manager in your company you classify 28 of the customers as good credit and the rest as risky credit depending on their credit rating Customers in the risky category allow their accounts to go overdue 64 of the time on average whereas those in the good category allow their accounts to go overdue only 5 of the time Fill in the missing probabilities as set up in the formula above to obtain the probability that an overdue account is held by a customer in the risky credit category Answers accurate to 4 decimal plac Check Clear Help