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SOA Exam P Question 27 | Conditional probability

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Jan 31, 2021
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A study of automobile accidents produced the following data: Model year Proportion of all vehicles Probability of involvement in an accident 2014 0.16 0.05 2013 0.18 0.02 2012 0.20 0.03 Other 0.46 0.04 An automobile from one of the model years 2014, 2013, and 2012 was involved in an accident. Calculate the probability that the model year of this automobile is 2014. (A) 0.22 (B) 0.30 (C) 0.33 (D) 0.45 (E) 0.5 You can find the link to the questions below: https://www.soa.org/globalassets/assets/Files/Edu/edu-exam-p-sample-quest.pdf The link to the answers below: https://www.soa.org/globalassets/assets/Files/Edu/edu-exam-p-sample-sol.pdf Check out my other channel Rumi's Life: https://www.youtube.com/channel/UCJmFvrltr0Xht150O4lgTIA Email: [email protected]

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SOA Exam P Question 27 | Conditional probability | NatokHD