Actuarial Notes

SOA Exam P Sample Question 576

Study guide: Exam P-1

A light bulb's lifetime in months is uniformly distributed on [0, 40].

Let a be a positive real number less than 30. The probability that the light bulb fails within 30 months, given that it is working after a months, equals 0.60.

Calculate the value of a.

  • A) 6
  • B) 12
  • C) 15
  • D) 16
  • E) 18

Answer this question and see the worked solution

Concepts tested

More questions from this set