SOA Exam FAM Sample Question 22
Study guide: Exam FAM
X is a discrete random variable with a probability function that is a member of the (a,b,0) class of distributions.
You are given:
(i) \text{P}(X = 0) = \text{P}(X = 1) = 0.25
(ii) \text{P}(X = 2) = 0.1875
Calculate \text{P}(X = 3).
- A) 0.120
- B) 0.125
- C) 0.130
- D) 0.135
- E) 0.140
Answer this question and see the worked solution