Let U be the event that a randomly chosen employee of an insurance company has been...

Let U be the event that a randomly chosen employee of an insurance company has been an underwriter. Let C be the event that a randomly chosen employee of an insurance company has been a claims adjuster. Identify the answer which expresses the following with correct notation: Of all the employees of an insurance company who have been underwriters, the probability that a randomly chosen employee of an insurance company has been a claims adjuster. Select the correct answer below:

P(C) AND P(U)

P(C|U)

P(U|C)

P(U AND C)

Solutions

Expert Solution

Solution:

U : Underwriter

C : Claims Adjuster

"Of all the employees of an insurance company who have been underwriters, the probability that a randomly chosen employee of an insurance company has been a claims adjuster"

i.e. Find P(Claims Adjuster given that underwriters)

i.e. P(C | U)

orchestra answered 2 years ago

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