Actuarial Notes

SOA Exam P Sample Question 525

Study guide: Exam P-1

The joint distribution of television viewers' habits in the two entertainment categories of Sports and Movies and the one non-entertainment category of News is:

Regularly watches Sports:

Regularly watches News Does not regularly watch News
Regularly watches Movies 0.35 0.10
Does not regularly watch Movies 0.08 0.06

Does not regularly watch Sports:

Regularly watches News Does not regularly watch News
Regularly watches Movies 0.22 0.06
Does not regularly watch Movies 0.05 0.08

Calculate the variance of the number of entertainment categories regularly watched by those television viewers who regularly watch News.

  • A) 0.242
  • B) 0.388
  • C) 0.400
  • D) 0.478
  • E) 0.571

Answer this question and see the worked solution

Concepts tested

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