SOA Exam FAM Sample Question 2.12
Study guide: Exam FAM
For a new light bulb, you are given:
i) _{t}q_{0} = \dfrac{t^{2} + t}{72} for 0 \le t \le 8
ii) T_{0} is the random variable representing the future lifetime
Calculate Var[T_{0}].
[Question on October 2022 FAM-L Exam]
- A) 3.9
- B) 4.1
- C) 4.3
- D) 4.5
- E) 4.7
Answer this question and see the worked solution