Question: Find out your yearly car insurance cost. If you don't have a car, find out the yearly cost for a friend or relative. Now assume you will either have an accident or not, and if you do, it will cost the insurance company $5000 more than the premium you pay. Calculate what yearly accident probability would result in a "break-even" expected value for you and the insurance company. Comment on whether you think your answer is an accurate representation of your yearly probability of having an accident.