Actuarial Notes

SOA Exam P Sample Question 150

Study guide: Exam P-1

A theme park conducts a study of families that visit the park during a year. The fraction of such families of size m is \frac{8-m}{28}, m = 1, 2, 3, 4, 5, 6, and 7.

For a family of size m that visits the park, the number of members of the family that ride the roller coaster follows a discrete uniform distribution on the set \{1, \dots, m\}.

Calculate the probability that a family visiting the park has exactly six members, given that exactly five members of the family ride the roller coaster.

  • A) 0.17
  • B) 0.21
  • C) 0.24
  • D) 0.28
  • E) 0.31

Answer this question and see the worked solution

Concepts tested

More questions from this set