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hannahbannana98
hannahbannana98
25.10.2019 • 
Mathematics

An insurance company issues life insurance policies in three separate categories: standard, preferred and ultra-preferred. of the company's policyholders, 50% are standard 40% are preferred, and 10% are ultra-prefered. each standard policyholder has probability 0.010 of dying in next year, each preferred policyholder has probability 0.005 of dying in the next year, and each ultra-preferred policyholder has probability 0.001 of dying in the next year. a policyholder dies in the next year. what probability that the deceased policyholder was ultrapreffered?

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