Actuarial Notes

SOA Exam P Sample Question 430

Study guide: Exam P-1

Two different models of televisions, A and B, have exponentially distributed lifespans, measured in years. The probability that television A and television B are still working T years from now is 0.49 and 0.70, respectively.

The variance of television A's lifespan is 5.60.

Calculate the variance of television B's lifespan.

  • A) 1.40
  • B) 1.80
  • C) 2.80
  • D) 11.20
  • E) 22.40

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