Actuarial Notes

SOA Exam P Sample Question 407

Study guide: Exam P-1

The lifetime of a new electronic device is exponentially distributed with a median of three years.

Calculate the variance of the remaining lifetime, given the device did not fail before 0.5 years.

  • A) 3.8
  • B) 4.3
  • C) 9.0
  • D) 14.7
  • E) 18.7

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