SOA Exam P Sample Question 484
Study guide: Exam P-1
An insurance company has customer service operations in Denver, Philadelphia, and Salt Lake City.
Employee salaries in Denver are uniformly distributed from 25 to 90. Employee salaries in Philadelphia are uniformly distributed from 45 to x. Employee salaries in Salt Lake City are uniformly distributed from 10 to x/3.
The 40th percentile of Denver salaries is equal to the 20th percentile of Philadelphia salaries.
Calculate the median of Salt Lake City employee salaries.
- A)
12.5 - B)
17.5 - C)
25.0 - D)
35.0 - E)
60.0
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