SOA Exam P Sample Question 132
Study guide: Exam P-1
A company issues auto insurance policies. There are 900 insured individuals. Fifty-four percent of them are male. If a female is randomly selected from the 900, the probability she is over 25 years old is 0.43.
There are 395 total insured individuals over 25 years old. A person under 25 years old is randomly selected.
Calculate the probability that the person selected is male.
- A) 0.47
- B) 0.53
- C) 0.54
- D) 0.55
- E) 0.56
Answer this question and see the worked solution