SOA Exam P Sample Question 137
Study guide: Exam P-1
The number of policies that an agent sells has a Poisson distribution with modes at 2 and 3.
K is the smallest number such that the probability of selling more than K policies is less than 25%.
Calculate K.
- A) 1
- B) 2
- C) 3
- D) 4
- E) 5
Answer this question and see the worked solution