SOA Exam P Sample Question 286
Study guide: Exam P-1
Losses follow an exponential distribution with mean 1. Two independent losses are observed.
Calculate the probability that either of the losses is more than twice the other.
- A)
1/6 - B)
1/4 - C)
1/3 - D)
1/2 - E)
2/3
Answer this question and see the worked solution