Question:

There are three types of cab drivers in town: good, so-so, and lousy. A good driver has a probability of 2% to be involved in an accident during a period of one year. A so-so driver has a probability of 4%, and a lousy one – of 8%. What is the probability that an accident involving a cab has occurred?

1. 0.1
2. 0.14
3. 0.02
4. Can’t tell.
   
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   Solution: The downloadable solution consists of 1 pages
   Deliverable: Word Document
   
   
   

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