Actuarial Notes

SOA Exam P Sample Question 351

Study guide: Exam P-1

In a group of four employees, two are high-risk and two are low-risk. This year, each high-risk employee has probability 0.6 of having no accidents; each low-risk employee has probability 0.9 of having no accidents.

The occurrences of accidents among employees are independent events.

Calculate the probability that at most one employee has one or more accidents this year.

  • A) 0.4536
  • B) 0.5184
  • C) 0.6804
  • D) 0.7084
  • E) 0.7452

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