Respuesta :
Therefore, the likelihood that four people will have insurance is equal to 0.66 to the power of four, leaving a value of 0.1897, which is nearly equal to 0.19.
In an insurance contract, one party is indemnified by the insurer against losses resulting from particular calamities or perils. It aids in preventing financial loss for the insured person or their family. Insurance policies come in a variety of forms. The most prevalent types of insurance are life, health, homeowners, and auto.
Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something bad happens to you, the insurance company pays you or someone else of your choosing. If you don't have insurance and an accident occurs, you might be liable for all expenses.
Learn more about insurance here
https://brainly.com/question/25855858
#SPJ4
