Actuarial Notes

SOA Exam P Sample Question 380

Study guide: Exam P-1

Consider the following three mutually independent random variables:

  • X has a normal distribution with mean 1205 and variance 5.0
  • Y and W have normal distributions with mean 2 and variance 0.5

Let L = X - Y - W + 2.

Calculate the probability that L is at least 1200.

  • A) 0.69
  • B) 0.89
  • C) 0.91
  • D) 0.93
  • E) 0.99

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Concepts tested

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