exercise:Aa6eb5d51f: Difference between revisions
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The number of days that elapse between the beginning of a calendar year and the moment a high-risk driver is involved in an accident is exponentially distributed. An insurance company expects that 30% of high-risk drivers will be involved in an accident during the first 50 days of a calendar year. | |||
Calculate the | Calculate the portion of high-risk drivers are expected to be involved in an accident during the first 80 days of a calendar year. | ||
<ul class="mw-excansopts"> | <ul class="mw-excansopts"> | ||
<li>0. | <li>0.15</li> | ||
<li>0. | <li>0.34</li> | ||
<li>0. | <li>0.43</li> | ||
<li>0. | <li>0.57</li> | ||
<li>0. | <li>0.66</li> | ||
</ul> | </ul> | ||
{{soacopyright | 2023}} | {{soacopyright | 2023 }} | ||
Latest revision as of 13:13, 2 May 2023
The number of days that elapse between the beginning of a calendar year and the moment a high-risk driver is involved in an accident is exponentially distributed. An insurance company expects that 30% of high-risk drivers will be involved in an accident during the first 50 days of a calendar year.
Calculate the portion of high-risk drivers are expected to be involved in an accident during the first 80 days of a calendar year.
- 0.15
- 0.34
- 0.43
- 0.57
- 0.66
Copyright 2023 . The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.