Actuarial Notes

SOA Exam P Sample Question 290

Study guide: Exam P-1

Let X_1,\ldots,X_{100} be independent identically distributed random variables such that P[X_i=0]=P[X_i=2]=0.5. Let S=X_1+\cdots+X_{100}.

Calculate the approximate value of P[S>115].

  • A) 0.005
  • B) 0.067
  • C) 0.144
  • D) 0.147
  • E) 0.440

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