SOA Exam FAM Sample Question 30
Study guide: Exam FAM
For a discrete probability distribution, you are given the recursion relation
p(k) = \frac{2}{k}p(k-1), \quad k = 1, 2, \ldots
Calculate p(4).
- A) 0.07
- B) 0.08
- C) 0.09
- D) 0.10
- E) 0.11
Answer this question and see the worked solution