SOA Exam P Sample Question 391
Study guide: Exam P-1
The annual profits of each of two car insurance companies, A and B, are normally distributed with the same standard deviation.
The mean annual profit of company A is 30.
A profit of 214 is both the 96th percentile of company A's annual profit and the 90th percentile of company B's annual profit.
Calculate the mean annual profit of company B.
- A)
33 - B)
42 - C)
54 - D)
79 - E)
105
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