SOA Exam P Sample Question 419
Study guide: Exam P-1
A customer purchases a lawnmower with a two-year warranty. The number of years before the lawnmower needs a repair is uniformly distributed on [0, 5].
Calculate the probability that the lawnmower needs no repairs within 4.5 years after the purchase, given that the lawnmower needs no repairs within the warranty period.
- A)
0.10 - B)
0.17 - C)
0.44 - D)
0.50 - E)
0.60
Answer this question and see the worked solution