SOA Exam P Sample Question 264
Study guide: Exam P-1
In one company, 30% of males and 20% of females contribute to a supplemental retirement plan. Furthermore, 45% of the company's employees are female.
Calculate the probability that a randomly selected employee is female, given that this employee contributes to a supplemental retirement plan.
- A) 0.09
- B) 0.23
- C) 0.35
- D) 0.45
- E) 0.55
Answer this question and see the worked solution