An insurance sales representative selects 3 policies to review. The group of policies she can select from contains 8 life policies, 5 automobile policies, and 2 homeowner policies. Find the probability of selecting”

Question

(a) All life policies

(b) Both homeowner policies

(c) All automobile policies


(d) 1of each policy

(e) 2 life policies and 1 automobile policy

Answer 1

I will formulate one problem to indicate the process and leave the rest to you.

(a) 3 life policies.

First 8/15, second (no replacement) 7/14, third 6/13.

Final probability for all found by multiplying the individual probabilities.

This should give you a start.

Answer 2

a. 12/65