SOA Exam P Sample Question 239
Study guide: Exam P-1
The number of minor surgeries, X, and the number of major surgeries, Y, for a policyholder, this decade, has joint cumulative distribution function
F(x,y)=\left[1-(0.5)^{x+1}\right]\left[1-(0.2)^{y+1}\right],for nonnegative integers x and y.
Calculate the probability that the policyholder experiences exactly three minor surgeries and exactly three major surgeries this decade.
- A) 0.00004
- B) 0.00040
- C) 0.03244
- D) 0.06800
- E) 0.12440
Answer this question and see the worked solution