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Two Individuals Make Up the Auto Insurance Market

Question 68

Multiple Choice

Two individuals make up the auto insurance market.Bonnie drives well,and the probability of her having an accident is 10% this year.Lisa also drives carefully,and her probability of having an accident is 5%.What is the probability that Bonnie and Lisa will both have accidents this year?


A) 0.15%
B) 0.75%
C) 0.005%
D) 0.5%

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