Actuarial Notes

SOA Exam P Sample Question 403

Study guide: Exam P-1

Five claims are randomly selected from a group of fifteen different claims, which consists of five workers compensation claims, four homeowner claims and six auto claims.

Calculate the probability that the five claims selected consist of one workers compensation claim, three homeowner claims and one auto claim.

  • A) 0.025
  • B) 0.036
  • C) 0.040
  • D) 0.150
  • E) 0.213

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Concepts tested

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