SOA Exam FAM Sample Question 11
Study guide: Exam FAM
You observe the following five ground-up claims from a data set that is truncated from below at 100:
125 150 165 175 250
You fit a ground-up exponential distribution using maximum likelihood estimation.
Calculate the mean of the fitted distribution.
- A) 73
- B) 100
- C) 125
- D) 156
- E) 173
Answer this question and see the worked solution