Actuarial Notes

SOA Exam P Sample Question 494

Study guide: Exam P-1

Each of the twelve employees of a company independently has the same probability of being accident-free this year.

The expected number of accident-free employees is 9.

Calculate the variance of the number of accident-free employees this year.

  • A) 0.75
  • B) 1.50
  • C) 2.25
  • D) 9.00
  • E) 12.00

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