eperdmann230 eperdmann230
  • 11-03-2024
  • Business
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Let’s assume that Alice and Bob are race car drivers. Let’s further assume that each has a 0.010 (10%) chance of crashing their car. When there is a crash, the loss is $3,000 in repair costs to the crashed car. Fortunately, the safety suit ensures that the driver is not hurt in a crash.

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