Revision as of 23:38, 7 May 2023 by Admin (Created page with "'''Solution: B''' P(at least one emergency room visit or at least one hospital stay) = 1 – 0.61 = 0.39 = P(at least one emergency room visit) + P(at least one hospital stay...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Exercise

ABy Admin
May 08'23

Answer

Solution: B

P(at least one emergency room visit or at least one hospital stay) = 1 – 0.61 = 0.39 = P(at least one emergency room visit) + P(at least one hospital stay) – P(at least one emergency room visit and at least one hospital stay).

P(at least one emergency room visit and at least one hospital stay) = 1 – 0.70 + 1 – 0.85 – 0.39 = 0.060.

Copyright 2023. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.

00