Actuarial Notes

SOA Exam P Sample Question 231

Study guide: Exam P-1

A company’s annual profit, in billions, has a normal distribution with variance equal to the cube of its mean. The probability of an annual loss is 5%.

Calculate the company’s expected annual profit.

  • A) 370 million
  • B) 520 million
  • C) 780 million
  • D) 950 million
  • E) 1645 million

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Concepts tested

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