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
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SOA Exam P Question 27 | Conditional probability | NatokHD