SOA Exam P Sample Question 204
Study guide: Exam P-1
Losses due to burglary are exponentially distributed with mean 100.
The probability that a loss is between 40 and 50 equals the probability that a loss is between 60 and r, with r > 60.
Calculate r.
- A) 68.26
- B) 70.00
- C) 70.51
- D) 72.36
- E) 75.00
Answer this question and see the worked solution