SOA Exam P Sample Question 383
Study guide: Exam P-1
A statistician models the size of unemployment claims that range from 0 to 1 using a probability density function proportional to the nth root of the size of the claim, for some positive integer n.
Determine the ratio of the 30th percentile to the 20th percentile of the size of an unemployment claim.
- A)
\sqrt[n]{1.5} - B)
(1.5)^n - C)
\sqrt[n]{(1.5)^{n+1}} - D)
\sqrt[n+1]{(1.5)^n} - E)
(1.5)^{n+1}
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