SOA Exam P Sample Question 590
Study guide: Exam P-1
Each of three people is holding a biased coin that has probability 0.25 of landing heads. They toss the coins simultaneously. After each round of tosses, if the outcomes are all heads or all tails, they will continue to another round; otherwise, they will stop.
Calculate the probability that there will be exactly five rounds of tosses.
- A)
0.0003 - B)
0.0029 - C)
0.0206 - D)
0.0438 - E)
0.1030
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