SOA Exam P Sample Question 107

Study guide: Exam P-1

Let X represent the number of customers arriving during the morning hours and let Y represent the number of customers arriving during the afternoon hours at a diner.

You are given:

• i) X and Y are Poisson distributed.
• ii) The first moment of X is less than the first moment of Y by 8.
• iii) The second moment of X is 60% of the second moment of Y.

Calculate the variance of Y.

• A) 4
• B) 12
• C) 16
• D) 27
• E) 35

Answer this question and see the worked solution

Concepts tested

• Variance and Standard Deviation
• Variance
• Poisson Distribution

More questions from this set

• SOA Exam P Sample Question 106
• SOA Exam P Sample Question 108