Actuarial Notes

SOA Exam P Sample Question 444

Study guide: Exam P-1

The joint probability function of X and Y is given by

p(x,y) = \begin{cases}
\dfrac{-2x - 4y + xy + 8}{18}, & \text{for } x = 1, 2, 3 \text{ and } y = 0, 1 \\
0, & \text{otherwise.}
\end{cases}

Calculate E\left(\dfrac{Y}{X}\right).

  • A) 0.102
  • B) 0.200
  • C) 0.241
  • D) 0.306
  • E) 0.722

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