Actuarial Notes

SOA Exam P Sample Question 441

Study guide: Exam P-1

A patient must undergo hospitalization and surgery. The hospitalization and surgery charges are uniformly distributed on the intervals [0, b] and [0, 2b-6], respectively, where b is a constant larger than 3.

The standard deviation of the hospitalization charge is 9.60.

Calculate the standard deviation of the surgery charge.

  • A) 13.2
  • B) 15.7
  • C) 17.5
  • D) 19.2
  • E) 19.9

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