Actuarial Notes

SOA Exam P Sample Question 499

Study guide: Exam P-1

An insurance agent sells life insurance policies. The number of life insurance policies sold in a month can be modeled by a Poisson distribution with mean 4.

The agent sold at least one life insurance policy in a particular month.

Calculate the probability that the agent sold more than three life insurance policies in that month.

  • A) 0.567
  • B) 0.577
  • C) 0.624
  • D) 0.776
  • E) 0.839

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