SOA Exam P Sample Question 426
Study guide: Exam P-1
The time, in years, until replacement for a new telephone pole has probability density function
f(t) = \begin{cases}
kt, & \text{for } 0 < t < 50 \\
0, & \text{otherwise,}
\end{cases}
where k is a constant.
Calculate the probability that a new telephone pole will be replaced within 25 years given that it is not replaced within 20 years.
- A)
0.09 - B)
0.11 - C)
0.16 - D)
0.17 - E)
0.84
Answer this question and see the worked solution