Exam P Practice Question 955
Study guide: Exam P-1
Claims arrive according to a Poisson process at a rate of 2 per year. Let T be the time in years until the third claim, so that T follows a gamma distribution with shape \alpha = 3 and scale \theta = 0.5.
Calculate P(T > 1).
- A)
0.135 - B)
0.271 - C)
0.406 - D)
0.677 - E)
0.857
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