Actuarial Notes

SOA Exam P Sample Question 591

Study guide: Exam P-1

In a given year, a manufacturer's profit from selling warranties is normally distributed with mean 20 and variance 16.

Calculate the interval, centered at the mean, containing 25% of the probability associated with a single yearly profit.

  • A) (12.2, 27.8)
  • B) (14.9, 25.1)
  • C) (16.0, 24.0)
  • D) (17.3, 22.7)
  • E) (18.7, 21.3)

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