2 percent of a certain company s life insurance policy

Last updated: 11/15/2023

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