Mathematics, 16.10.2020 15:01 sanfratello1081
An insurance company has four different types of product: life insurance, health insurance, indexed annuity and variable annuity.
Mr. White is an agent for the insurance company. The probability that Mr. White successfully sells a life insurance product in a week is 0.35. The probability that Mr. White successfully sells a health insurance product in a week is 0.45. The probability that Mr. White successfully sells an indexed annuity product in a week is 0.30. The probability that Mr. White successfully sells a variable annuity product in a week is 0.20.
Assuming the events in which Mr. White sells a product type are mutually independent, what is the probability that Mr. White successfully sells more than two types of products in a week?
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An insurance company has four different types of product: life insurance, health insurance, indexed...
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