Actuarial Notes

SOA Exam P Sample Question 640

Study guide: Exam P-1

A person mails three packages. Each package independently has probability p of being lost in the mail, where 0 < p < 1.

Determine the probability that exactly one package is lost in the mail, given that at least one package is lost in the mail.

  • A) (1-p)^2
  • B) 3p(1-p)^2
  • C) \dfrac{3p}{(1-p)}
  • D) \dfrac{p(1-p)^2}{1-(1-p)^3}
  • E) \dfrac{3p(1-p)^2}{1-(1-p)^3}

Answer this question and see the worked solution

Concepts tested

More questions from this set