SOA Exam P Sample Question 584
Study guide: Exam P-1
The number of thefts in any year a warehouse owner experiences is modeled by a Poisson distribution. In each year, the probability of at least one theft is 0.10, and the yearly number of thefts are independent.
Calculate the variance of the total number of thefts the owner experiences in the next 15 years.
- A)
0.11 - B)
0.41 - C)
1.35 - D)
1.50 - E)
1.58
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