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News

  • Future Actuary

    The Future Actuary, Winter 2014

    A joint newsletter of the Society of Actuaries/Casualty Actuarial Society.
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  • ASNY Logo

    Actuarial Society of Greater New York's Actuarial Career Day

    We cordially invite you to attend the 25th annual Actuarial Career Day. This event will take place on Sunday, January 12, 2014, at Columbia University’s Alfred Lerner Hall, 2920 Broadway, New York, NY 10027.
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  • Pencil

    Illinois State University Actuarial Career Information Fair 2013

    Enjoy math? Like a challenge? Love solving problems?
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The Professional Life

Wherever there is risk, there are opportunities for actuaries. And the recent financial crisis has further highlighted the skills actuaries bring to the table. Watch this new Actuaries in Action video to hear what some of today's actuaries say about the future of the profession and the increasing demand for actuaries, especially in nontraditional roles.

Do The Math

An insurer offers a health plan to the employees of a large company. As part of this plan, the individual employees may choose exactly two of the supplementary coverages A, B, and C, or they may choose no supplementary coverage. The proportions of the company's employees that choose coverages A, B, and C are 14 , 13 and 512 respectively.

Determine the probability that a randomly chosen employee will choose no supplementary coverage.

  1. 0
  2. 47144
  3. 12
  4. 97144
  5. 79

view answer