SOA Exam P Sample Question 67
Study guide: Exam P-1
An insurance company issues 1250 vision care insurance policies. The number of claims filed by a policyholder under a vision care insurance policy during one year is a Poisson random variable with mean 2. Assume the numbers of claims filed by different policyholders are mutually independent.
Calculate the approximate probability that there is a total of between 2450 and 2600 claims during a one-year period.
- A) 0.68
- B) 0.82
- C) 0.87
- D) 0.95
- E) 1.00
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