An insurance company has compiled the accompanying data relating the age of drivers and the accident rate (the probability of being involved in an accident during a 1-year period) for drivers within that group:
a. What is the probability that an insured driver will be involved in an accident during a particular 1-year period? If necessary, round your answer to two decimal places.
__________
b. What is the probability that an insured driver who is involved in an accident is under 25? If necessary, round your answer to two decimal places.
__________
Correct Answer:
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