Actuarial Notes

SOA Exam P Sample Question 303

Study guide: Exam P-1

An experiment consists of tossing three fair coins and is deemed a success if the result is three heads or three tails. The experiment is repeated until a success occurs.

Calculate the probability that it takes exactly three experiments to obtain a success.

  • A) 0.047
  • B) 0.070
  • C) 0.141
  • D) 0.188
  • E) 0.422

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