Students Who Take Drivers Education Have a 3% Probability of Having

Students who take drivers education have a 3% probability of having an accident in their first year of driving,while students who do not take drivers education have a 9% probability.Statistics show that the average cost of an accident is $7000.Statistics also show that x% of new drivers have taken drivers education.If the expected cost of an accident per driver in their first year of driving is $394.80,what is the value of x?

A) 56%
B) 53%
C) 47%
D) 44%

Correct Answer:

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