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#1
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An insurance company categorizes its customers as low risk, medium risk, and high risk. Suppose that
20% are low risk, 50% are medium risk, and 30% are high risk. If 5 customers are chosen at random, what is the probability that exactly twice as many of them are low risk as high risk given that at least one customer chosen is high risk? I'm having trouble to understand the highlight sentence. Does it mean 2L= H or 2H=L? Originally I thought it's 2L=H, then I saw "twice as many girls as boys" means 2B=G. So I'm confused now. Thanks |
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#2
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If 5 are high risk, and twice as many are low risk as high risk, then ten (2*5) are low risk.
Therefore, 2H = L (or substituting numbers, 2*5 = 10) Same with your girls & boys deal. If there is one boy, and there are twice as many girls as boys, there are 2*1 = 2 girls, or 2B = G |
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#3
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Quote:
So if you look at the statement, "exactly twice as many of them are low risk as high risk," then to make them equal you have to have 2(H)=(L)
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