aining Time: 42 minutes, 41 seconds. tion Completion Status: the person is inter

Question

aining Time: 42 minutes, 41 seconds. tion Completion Status: the person is interested in: Minimal coverage-catastrophic only with a high co-pay (45% Medium coverage with a moderate co-pay 30%: and full coverage-includes elective procedures and psychiatnc with a small co-pay What is the probabilty of a customer being interested in full coverage? UESTION 2 5 points 2 what is the probabity ot being a customer who is wanting Medium coverage and eligble for PPACA? (Put answer in probabiltes. not percents Lead wth a 0 prior to the decimal pont and use 4 decimal points) o 4800 QUESTION 3 5 points Save Answer Tele tas joint probatolty table and draw a Probability Tree start your initial branch with the variablo mentioned FIRST in the aratal problem descrpton Labies branches from top to bottom in the order mentoned in tho problem descnpton 3 Looking at the fast branch and tho top branch of that branch, what is POB1 IA1 equal to

Explanation / Answer

P(Customer being interested in full coverage)

= 1 - [P(Customer is interested in minimal coverage) + P(Customer is interested in medium coverage)]

= 1 - [0.45 + 0.30]

= 1 - 0.75

= 0.25

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