Quiz - Automobile Probability and Insurance

Kwan's annual premium is $1600. If he pays quarterly, there is a $5 per payment surcharge (extra fee). What is the quarterly payment?

Answer: $___.__/quarter

Mathematical Equivalence

ON

Cason has collision insurance with a $1,000 deductible. He backs his car into a lamppost and causes $7,500 worth of damage to the car. How much will his insurance company have to pay?

Answer: $____.__

Mathematical Equivalence

ON

John was in an auto accident caused by his negligence. He has 50/200 bodily injury insurance. The three people injured in the accident sued. One person was awarded $75,000, and each of the other two was awarded $50,000. How much is John liable to pay after his insurance pays its part for this incident?

Answer:$_____.__

Mathematical Equivalence

ON

According to the survey ...

What is the probability of having an accident?​ ​ (a)  

What is the probability of never having an accident?​ (b)  

What is the probability of an SUV having an accident?​ (c)  

• 48%
• 52%
• 32%
• 10%
• 75%
• 90%

According to the survey ...

What is the probability of having an accident among sports cars?​ ​ (a)  

What is the probability of never having an accident among sedans?​ (b)  

What is the probability of being an SUV given that you had an accident?​ (c)  

• 48%
• 39%
• 21%
• 10%
• 75%
• 90%

The ratio of hybrid cars to gasoline-powered cars in the parking lot of a local office building is 3:11. If there are 280 cars in the lot and one is to be selected at random to get the reserved parking space nearest the building, find the probability the car selected is a gasoline-powered car. Express your answer as a whole percent.

Answer: __%

Mathematical Equivalence

ON