Actuarial Notes

SOA Exam P Sample Question 675

Study guide: Exam P-1

An insurance company has determined that the number of auto claims in a year is modeled by a Poisson random variable, X. The probability that there is at least one claim in a year is 0.368.

Calculate the second moment of X.

  • A) 0.211
  • B) 0.421
  • C) 0.459
  • D) 0.669
  • E) 1.000

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