Question: An insurance company offers four different deductible level- none(N), low(L), medium(M), and high (H) for its homeowner's policyholders, and three different for its automobile policyholders. Given the following random sample of policyholders.
Home
|
Auto
|
N
|
L
|
M
|
H
|
|
L
|
40
|
60
|
50
|
30
|
|
M
|
70
|
100
|
200
|
100
|
|
H
|
20
|
30
|
150
|
150
|
- What is the probability that the individual has a medium auto deductible and a high homeowner's deductible?
- What is the probability that the individual has a medium auto deductible?
- What is the probability that the individual has a high homeowner's deductible?
- What is the probability that the individual is in the same category for both auto and homeowner's deductibles?
- What is the probability that the individual is in two different categories?