SOA Exam P Sample Question 663
Study guide: Exam P-1
Each day, an insurance claims adjuster is assigned five reports to complete. The total time required to complete all five reports is normally distributed with mean 7.5 hours and standard deviation 1.5 hours.
Calculate the probability that the claims adjuster will be finished in eight hours or less given that he is still working after seven and one-half hours.
- A)
0.13 - B)
0.26 - C)
0.37 - D)
0.63 - E)
0.74
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