Actuarial Notes

SOA Exam P Sample Question 200

Study guide: Exam P-1

The number of traffic accidents occurring on any given day in Coralville is Poisson distributed with mean 5. The probability that any such accident involves an uninsured driver is 0.25, independent of all other such accidents.

Calculate the probability that on a given day in Coralville there are no traffic accidents that involve an uninsured driver.

  • A) 0.007
  • B) 0.010
  • C) 0.124
  • D) 0.237
  • E) 0.287

Answer this question and see the worked solution

Concepts tested

More questions from this set