Actuarial Notes

SOA Exam P Sample Question 29

Study guide: Exam P-1

An actuary has discovered that policyholders are three times as likely to file two claims as to file four claims.

The number of claims filed has a Poisson distribution.

Calculate the variance of the number of claims filed.

  • A) \frac{1}{\sqrt{3}}
  • B) 1
  • C) \sqrt{2}
  • D) 2
  • E) 4

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