SOA Exam P Sample Question 566
Study guide: Exam P-1
The annual number of claims per policy for a class of insurance policies is modeled by a Poisson distribution with mean 1.20.
A policy is randomly selected from those policies that had at least one claim in the past year.
Calculate the probability that the selected policy had at least three claims in the past year.
- A)
0.10 - B)
0.12 - C)
0.15 - D)
0.17 - E)
0.20
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