SOA Exam P Sample Question 348
Study guide: Exam P-1
A policyholder incurs one loss under each of three policies. Each policy has a deductible of 30. Losses under each policy are uniformly distributed on the interval [0, 100]. The three losses are mutually independent.
Calculate the probability that the policyholder will receive benefits from any of the three policies.
- A) 0.027
- B) 0.343
- C) 0.657
- D) 0.700
- E) 0.973
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