SOA Exam P Sample Question 390
Study guide: Exam P-1
In a vacation timeshare marketing business, the value of each timeshare point is modeled by a random variable, X, which follows a gamma distribution with mean 6 and variance 18.
Calculate the probability that the value of a timeshare point exceeds 4.
- A)
0.54 - B)
0.56 - C)
0.58 - D)
0.60 - E)
0.62
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