An insurer is studying the characteristics of those who buy its policies. It discovered that, among young drivers, 45% insure a foreign-made car. Among those who drive foreign-made cars, the insurer...


An insurer is studying the characteristics of those who buy its policies. It discovered that, among young drivers, 45% insure a foreign-made car. Among those who drive foreign-made cars, the insurer also discovered that 45% are young. Consider the events.


Y = {randomly chosen driver is young}


F = {randomly chosen driver insures foreignmade car}


Does the equality of these percentages mean that Y and F are independent events?



May 04, 2022
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