Actuarial Notes

SOA Exam P Sample Question 324

Study guide: Exam P-1

An actuary determines that the daily auto accident count within a city can be modeled by a Poisson random variable with mean 4. Accident counts on different days are mutually independent.

Calculate the approximate probability that at least 6,496 accidents occur during a period of 1,600 days.

  • A) 0.01
  • B) 0.12
  • C) 0.19
  • D) 0.27
  • E) 0.49

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