Actuarial Notes

SOA Exam P Sample Question 518

Study guide: Exam P-1

In a certain region, the number of earthquakes in the next decade is modeled by a Poisson distribution. The probability of exactly two earthquakes is 0.43 times the probability of exactly one earthquake.

Calculate the probability of at least three earthquakes in the next decade in this region.

  • A) 0.010
  • B) 0.012
  • C) 0.045
  • D) 0.056
  • E) 0.080

Answer this question and see the worked solution

Concepts tested

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