SOA Exam P Sample Question 498
Study guide: Exam P-1
In a large state, drivers are divided into three distinct age groups. The following table provides the probabilities that a one-car accident, involving a driver in a given age group, occurs in an urban, suburban or rural location in that state.
| Driver's age | Urban | Suburban | Rural |
|---|---|---|---|
| Under 25 | 7/10 | 1/5 | 1/10 |
| 25-65 | 1/4 | 3/5 | 3/20 |
| Over 65 | 1/20 | 7/20 | 3/5 |
Fifty-five percent of one-car accidents involve a driver who is under 25, and fifteen percent involve a driver who is over 65.
A one-car accident occurs in a suburban location.
Calculate the probability that the driver is under 25.
- A)
0.11 - B)
0.17 - C)
0.32 - D)
0.55 - E)
0.76
Answer this question and see the worked solution