Actuarial Notes

SOA Exam P Sample Question 435

Study guide: Exam P-1

A large city police department is conducting an analysis of the annual number of car accidents in the city. The department hires an actuary who models the annual number of car accidents using an exponential distribution with a variance of 7225.

Calculate the median minus the mean of this distribution.

  • A) -2217
  • B) -26
  • C) 0
  • D) 26
  • E) 2217

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