An auto insurance company classifies each motorist as "high risk" if the motorist has had at least one moving violation during the past calendar year and "low risk" if the motorist has had no violations during the past calendar year. According to the company's data, a high-risk motorist has a 50% chance of remaining in the high-risk category the next year and a 50% chance of moving to the low-risk category. A low-risk motorist has a 90% chance of moving to the high-risk category the next year and a 10% chance of remaining in the low-risk category. In the long term, what percentage of motorists fall in each category? (Round your answers to two decimal places.)

high-risk category %
low-risk category %

Answers

Answer 1

The percentage of motorists falling in each category, in the long term, are as follows:

High-risk category = 70%

Low-risk category = 30%

Data and Calculations:

Risk Profile Categories of Motorists

                                                       High Risk      Low Risk

Probability of remaining

 in the same category                      50%              10%

Probability of moving to another

 category                                          50%              90%

Probability a motorist falling in the high-risk category = (50% x 50%) + (50% x 90%)

= 25% + 45%

= 70%

Probability a motorist falling in the low-risk category = (50% x 50%) + (50% x 10%)

= 25% + 5%

= 30%

Thus, the probability of a motorist falling in the high-risk category is 70%, while the probability of a motorist falling in the low-risk category is 30%.

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Related Questions

PLEASE ANSWER!!!
Boris Drove to the mountains last week. There was heavy traffic on the way there, and the trip took 10 hours. When Boris drove home, there was no traffic and the trip only took seven hours. If his average rate was 18 mph faster on the trip home, how far away does Boris live from the mountains?

Answers

Answer:

Step-by-step explanation:

Answer:

Let +d+ = the one-way distance to the mountains in miles

Let +s+ = his speed going to the mountains in mi/hr

+s+%2B+27+ = his speed on the trip home in mi/hr

equation for going to the mountains:

(1) +d+=+s%2A7+

Step-by-step explanation:

I hope this helps mark as brainliest if correct

Simplify the linear expression. −4x+5(−5x−1) Enter your answer in the box.

Answers

Answer:

-29x - 5

Step-by-step explanation:

-4x - 25x - 5 = -29x - 5

Answer:

- 29x - 5

Step-by-step explanation:

- 4x + 5(- 5x - 1) ← distribute the parenthesis by 5

= - 4x - 25x - 5 ← collect like terms

= - 29x - 5

Determine if the two triangles are congruent. If they are, state how you know

Answers

Yes they’re congruent as they have exactly the same angles and sides

Find the slope of the line that contains the following ordered pairs (4,2) (7,6.5)

Answers

Answer:

4.5/3 or 1.5

Step-by-step explanation:

slope formula: (y2-y1)/(x2-x1)

(6.5-2)/7-4)=4.5/3... you can further simplify to 1.5.

Whomever please

Find the perimeter of the triangle that has vertices at the points R(2,1), S (2,5), and T(4,
1). Round the answer to the nearest hundredth (2 decimal places).

A) 35.78
B) 32
C) 21.54
D)10.47

Answers

The perimeter of the triangle is 10.47 units

The distance between two points is given by:

[tex]Distance=\sqrt{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]

Given the points R(2,1), S (2,5), and T(4,  1). Hence:

[tex]RS=\sqrt{(5-1)^2+(2-2)^2}=4\ units[/tex]

[tex]RT=\sqrt{(1-1)^2+(4-2)^2}=2\ units\\\\ST=\sqrt{(4-2)^2+(1-5)^2}=4.47\ units[/tex]

The perimeter of the triangle = 4 + 2 + 4.47 = 10.47 units

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Question 8 Tasha noticed that bags are not selling quite well. She reduced the original price of $300 by 20%. After, three months the bags were still not selling.She reduced the price again by 40%. A, What was the total percent of decrease? Show your work.​

Answers

Answer:

84% decrease

Step-by-step explanation:

100 - 80 = 20%

80% = 4/5

300 * 4/5 = 240

100 - 40 = 60%

60% = 3/5

240 * 3/5 = 48

48/300 = 4/25 = 16%

100 - 16 = 84%

Plsssssssssssssssssss

Answers

Answer:

18.6cm

Step-by-step explanation:

there is a theorem that states that the midsegment of a triangle (midpoint to midpoint, in this case X and Y) is half of the base (in this case BC)

when applied to the triangle shown:

XY= 1/2 BC

substitute to get

XY=1/2*6.4

XY=3.2

perimeter of BCYX

=XY+YC+CB+BX

=3.2+4+6.4+5

=18.6cm

hope this helps

The answer is 18.6 cm

Interest = $45.58, time = 1 year, rate = 2.25%. Find the principal. Round to the nearest hundredth place

Answers

Answer:

$2,025.78

Step-by-step explanation:

I = Prt ⇒ P = [tex]\frac{I}{rt}[/tex]

2.25% = 0.0225

P = 45.58 ÷ ( 0.0225 × 1 ) ≈ $2,025.78

1 7.26 × 0.22 =
2 17.92 × 0.64 =
3 7.65 × 0.85 =
4 36.20 ×0.05 =
5 31.85 ×0.91 =
please answer it cause my calculator is broken​

Answers

Answer:

1) 1.5972

2) 11.4688

3) 6.5025

4) 1.81

5) 28.9835

Tutorial
A line with a slope of 1 passes through the point (-2, -3). What is its equation in
slope-intercept form?
Write your answer using integers, proper fractions, and improper fractions in simplest form.

Answers

Answer:

y = x - 1

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

Here m = 1 , then

y = x + c ← is the partial equation

To find c substitute (- 2, - 3 ) into the partial equation

- 3 = - 2 + c ⇒ c = - 3 + 2 = - 1

y = x - 1 ← equation of line

Katie has $150 in her savings account.
She wants to buy a new iPad that
costs $375. How many weeks will it
take her to have enough to buy the
iPad if she saves $25 each week?

Answers

Answer:

9

Step-by-step explanation:

375 - 150 = 225

225 / 25 = 9

Answer:

I believe the answer would be 9 weeks

Derivative help please

Please dont comment if you dont know,
Thank u

Answers

[tex]y = x^{\tfrac 1{\ln x}}\\\\\implies \ln y = \ln \left( x^{\tfrac 1{\ln x}} \right)\\\\\implies \ln y = \dfrac{1}{\ln x} \cdot \ln x\\\\\implies \ln y = 1\\\\\implies y =e\\\\\\\text{Now,}\\\\\ \lim \limits_{x \to \infty} x^{\tfrac 1{\ln x}}=\lim \limits_{x \to \infty} y = \lim \limits_{x \to \infty} e = e[/tex]

LOOK AT THE PICTURE ATTACHED AND HELP QUICKLLYYYYY PLZZZ!!!!

Answers

Answer: √490  

Step-by-step explanation:

       

Find sin(a-B), if cosa=1/3, cosB=1/4, a=(0;180), B(-90;0)

Answers

Give me some hint please

Given the set of numbers, 2, 3, 4, 8, 10 with mean = 6 The Second moment about the mean for this set is?​

Answers

Answer:

Given,

2,3,4,8,10

ex=2+3+4+8+10+x

=27+x

mean=6

no of data=5

now,

mean = ex/n

or,6=27+x/5

or,5×6=27+x

or,30=27+x

or,30-27=x

3=x

A bag contains 30 cookies: 9 vanilla, 9 chocolate, and 12 oatmeal. What is the probability that a chocolate is randomly selected? A).30 B).33 C).40 D).60

Answers

Answer:

D:60

Step-by-step explanation:

Find the value of x need help

Answers

Answer:

Step-by-step explanation:

The supplement of 102 = 180 - 102 = 78

It is the interior angle of the given exterior angle.

It is also the enclosed angle of the isosceles triangle

Each of the other two angles = y

180 = 2*y + 78              Subtract 78 from both sides

180 - 78 = 2y                Combine

102 = 2y                       Divide by 2

102 / 2 = y    

51 = y

The smaller triangle on your right has  2 equal sides that are marked.

The angle you just found = <2 and the vertically opposite angle of the 51

So <2 = 51

Bethany posts a lit selfie yo, and she receives 49 likes in the first 7 minutes. At this rate, how many likes will she have in 10 minutes?

Answers

Answer:

70 likes

Step-by-step explanation:

49 likes / 7 minutes = 7 likes / minute

10 minutes * 7 likes / minute = 70 likes / 10 minutes

| 2n+2g = 5
3x + 3y = 7
How many solutions does the system of equations above have?

Answers

Answer:

The following equation has no / zero solution.

Step-by-step explanation:

The slope of both the equations is proportional which means that the lines are parallel to each other. Thus, the given equation has no solutions.

What number is the opposite of
3/11
O A. - 3/11
O B. -11/3
C. 11/3
O D. 1/3

Answers

The answer is C. If you flip the 3/11 then you get 11/3 if you don’t simplify. The simplified solution would be 3 2/3 but without simplification it’s 11/3.

Answer:

I believe the answer is A.

1. The length of time, in hours, it takes an "over 40" group of people to play one soccer match is
normally distributed with a mean of two hours and a standard deviation of 0.5 hours. A sample of
size n = 50 is drawn randomly from the population. Find the probability that the sample mean is
between 1.8 hours and 2.2 hours.​

Answers

The probability that the sample mean is between 1.8 hours and 2.2 hours. is; 0.99535

What is the Probability in Normal Distribution?

We are given;

Sample size; n = 50

Standard deviation; σ = 0.5

Mean; μ = 2

The formula to find the z-score for each sample mean is;

z = (x' - μ)/(σ/√n)

Thus, for x' = 1.8, we have;

z = (1.8 - 2)/(0.5/√50)

z = -2.83

For x' = 2.2, we have;

z = (2.2 - 2)/(0.5/√50)

z  = 2.83

Thus, the probability that the sample mean is between 1.8 hours and 2.2 hours. is;

P(-2.83 < Z < 2.83) = 0.99535

Read more about Normal Distribution Probability at; https://brainly.com/question/4079902

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!!!!!!!!!HELP I need asnwer ASAP

Answers

The answers are in order.
1) 2, 8
2) 2, 1/2

Solve x2 + 8x – 3 = 0 using the completing-the-square method.
A.x = 4+ 13
B.X= 4+13
C.x= 4+19
D.X=4 + √19

Answers

[tex]x = -4 \pm \sqrt{19}[/tex]

Step-by-step explanation:

Let us put 3 on the right side and rewrite the equation as

[tex]x^2 + 8x = 3[/tex]

By putting 16 on both sides, our equation becomes

[tex]x^2 + 8x + 16 = 3 + 16 = 19[/tex]

[tex]\Rightarrow (x + 4)^2 = 19[/tex]

Taking the square root of the equation, we get

[tex]x + 4 = \pm \sqrt{19}[/tex]

Finally, solving for x,

[tex]x = -4 \pm \sqrt{19}[/tex]

A recipe to make 5 cupcakes calls for 10 tablespoons
of sugar. Alicia wants to make 10 cupcakes using this
recipe. What equation will she need to use to find out
how many tablespoons of sugar to use?

Answers

Answer:

10×5

Step-by-step explanation:

put a zero at the end of five and make it 50

Really need help pls ty

Answers

Answer:

1: Yes, because 20 divided by 5 is 4, meaning that he would have 16 dollars left

2: They are at each exibit for 51 min

Hope this helps: :)

Not sure where to start

Answers

you could start anywhere

11. The profit Samantha's company makes is
given by the expression 0.1(1000 + 300m)
where m is the total number of sales.
Rewrite the expression using the distributive
property. What is the profit if her company
sells 50 pieces of merchandise?

Answers

Answer: 0.1(1000 + 300m)

Use the distributive property: a x (b + c) = a x b + a x c

0.1 x 1000 + 0.1 x 300m

Evaluate both products: 100 + 30m (1)

Note: Multiplying a number by 0.1 is the same as dividing the number by 10.

We need to determine the profit when 50 pieces are sold.

Substitute m with 50 in equation (1).

100+30(50)

Evaluate product: 100 + 1500

Evaluate sum" 1600

Thus the profit is $1600.

Step-by-step explanation: I hope this helps you on any other problem! :)

Good Luck!


Jacob sells lemonade at a park. His cost to sell the lemonade is a one-time fee for the table,
plus a fixed cost to make each cup of lemonade. The line shows the total cost, y, for 3 cups
of lemonade.
v
Cost of Selling Lemonade
Use
y
A
y
60
50
40
Cost ($)
30
20
10
→ X
0
10
50
20
30
40
Number of Cups

Answers

Answer:y=12 x=00

Step-by-step explanation:

you can not

The required equation that represents the graph is y = x + 30

What is a linear equation?

A linear equation is an algebraic equation of the form y=mx+b, where m is the slope and b is the y-intercept, and only a constant and a first-order (linear) term are included. The variables in the preceding equation are y and x, and it is occasionally referred to as a "linear equation of two variables."

The standard linear equation is given as y = mx + b

Where,

m is the slope

b is the y-intercept

Using the coordinates (20, 50) and (40, 70)

Get the slope of the line:

m = 70-50/40-20

m = 20/20

m = 1

Since the line cuts the y-axis at y = 30, hence the y-intercept is 30.

Therefore, the Required equation that Shows the graph is y = x + 30

Learn more about linear equations here:

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Solve the equation. -10=2y

Answers

Answer:

y=-5

Step-by-step explanation:

-10/2=2y/2

-5=y

y=-5

Answer:

y = - 5

Step-by-step explanation:

You have yo divided the numbers

Cancel terms that are in both the numerator and denominator

Move the variable to the left

If
you
invest $100 in an index fund that earns an average annual rate of
return of 12.3% compounded monthly. You make a regular monthly
contributions of $25, how much will your investment be worth in 52 years?

Answers

Answer Interest rate = 12.3%

The compound interest formula is given by:

Where

A = Future amount

P = Present amount (Principal amount)

r = Interest rate in decimal form

n = No. of times compounded per year

t = time in years.

We can say that if:

Present amount = P

Future amount = 3P

r = 12.3/100 = 0.123

n = 1

t = ?

Substitute the values in the formula of compound interest:

Taking log on both sides.

Round off to nearest option

t ≅ 9 years

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