SOA Exam P Sample Question 363
Study guide: Exam P-1
In a group of 30,000 health insurance policyholders, 12,000 are in Class A and 18,000 are in Class B.
This year, each policyholder in Class A has probability 0.98 of not undergoing hospitalization; each policyholder in Class B has probability 0.995 of not undergoing hospitalization.
A randomly chosen policyholder in the group undergoes hospitalization this year.
Calculate the probability that this policyholder is in Class A.
- A)
0.011 - B)
0.020 - C)
0.396 - D)
0.400 - E)
0.727
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