SOA Exam P Sample Question 336
Study guide: Exam P-1
Losses under an insurance policy are uniformly distributed on the interval [0, 100]. A deductible is set so that the expected claim payment of losses net of the deductible is 32.
Calculate the deductible.
- A) 9
- B) 18
- C) 20
- D) 36
- E) 52
Answer this question and see the worked solution