SOA Exam P Sample Question 414
Study guide: Exam P-1
An agent markets a new life insurance policy to nine people. Six of the nine have already purchased an insurance product from the agent.
The agent randomly selects four of the nine people for appointments today.
Calculate the probability that at least three of the four people with appointments have already purchased an insurance product from the agent.
- A)
0.10 - B)
0.12 - C)
0.14 - D)
0.48 - E)
0.60
Answer this question and see the worked solution