If the proportion of high risk drivers is not too high, then:
A)only low risk drivers will buy insurance.
B)only high risk drivers will buy insurance.
C)both high and low risk drivers will buy insurance.
D)neither low or high risk drivers will buy insurance.

Question

Quizplus · Accepted Answer

If the proportion of high risk drivers is not too high, then both high and low risk drivers will see the benefit of purchasing insurance. High risk drivers will have a higher likelihood of needing to file a claim, while low risk drivers may see it as a precautionary measure. Therefore, both groups would buy insurance.

If the Proportion of High Risk Drivers Is Not Too