Actuarial Notes

SOA Exam P Sample Question 538

Study guide: Exam P-1

Each person in a certain large population independently has probability 0.0625 of having a certain disease. People in this population are tested for the disease, until somebody is found to have the disease.

Calculate the mode of the number of people tested.

  • A) 1
  • B) 6
  • C) 11
  • D) 15
  • E) 16

Answer this question and see the worked solution

Concepts tested

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