Actuarial Notes

SOA Exam P Sample Question 354

Study guide: Exam P-1

An insurance company insures male and female drivers. The probability that a randomly selected insured driver is male and has an accident is 0.30. The probability of an insured male driver having an accident is 0.50.

Calculate the probability that a randomly selected insured driver is female.

  • A) 0.15
  • B) 0.40
  • C) 0.50
  • D) 0.60
  • E) 0.85

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