Actuarial Notes

SOA Exam P Sample Question 267

Study guide: Exam P-1

The lifetime of a certain electronic device has an exponential distribution with a mean of 0.50.

Calculate the probability that the lifetime of the device is greater than 0.70, given that it is greater than 0.40.

  • A) 0.203
  • B) 0.247
  • C) 0.449
  • D) 0.549
  • E) 0.861

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