SOA Exam P Sample Question 481
Study guide: Exam P-1
The number of days required for a damage control team to locate and repair a leak in the hull of a ship is modeled by a discrete random variable, N. N is uniformly distributed on \{1, 2, 3, 4, 5\}.
The cost of locating and repairing a leak is N^2 + N + 1.
Calculate the expected cost of locating and repairing a leak in the hull of the ship.
- A)
11 - B)
12 - C)
13 - D)
14 - E)
15
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