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Revision as of 12:12, 25 July 2025
Insurance company examines its pool of auto insurance customers and gathers the following information:
- All customers insure at least one car.
- 64% of the customers insure more than one car.
- 20% of the customers insure a sports car.
- Of those customers who insure more than one car, 15% insure a sports car.
Calculate the probability that a randomly selected customer insures exactly one car, and that the car is not a sports car.
- 0.16
- 0.19
- 0.26
- 0.29
- 0.31
Copyright 2023 . The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.