Actuarial Notes

SOA Exam P Sample Question 117

Study guide: Exam P-1

In each of the months June, July, and August, the number of accidents occurring in that month is modeled by a Poisson random variable with mean 1. In each of the other 9 months of the year, the number of accidents occurring is modeled by a Poisson random variable with mean 0.5.

Assume that these 12 random variables are mutually independent.

Calculate the probability that exactly two accidents occur in July through November.

  • A) 0.084
  • B) 0.185
  • C) 0.251
  • D) 0.257
  • E) 0.271

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