PRACTICE EXAM 6
435
PRACTICE EXAM 6
1. A survey of the public determines the following about the "Lord of the Rings" trilogy
(3 movies).
Have Seen #1
No
Yes
?
?
Yes
Yes
Yes
Have Seen #2
No
?
Yes
?
No
Yes
Yes
Have Seen #3
No
?
?
Yes
No
No
Yes
Percentage of
PRACTICE EXAM 2
369
PRACTICE EXAM 2
1. Let
For what value of
A)
for
have the density function
, otherwise
is the variance of
B)
C)
.
equal to ?
D)
E)
2. A life insurer classifies insurance applicants according to the following attributes:
- the applicant
Parental Diagnosis Chorionic villus sampling (CVS) Involves biopsy of tissue from villous area of chorion transcervically or transabdominally, between 10th and 12h weeks of pregnancy. Advantage: allows result to be available at an early stage of pregnancy
PRACTICE EXAM 7
453
PRACTICE EXAM 7
1. A study of the relationship between blood pressure and cholesterol level showed the following
results for people who took part in the study:
(a) of those who had high blood pressure, 50% had a high cholesterol level,
PRACTICE EXAM 8
475
PRACTICE EXAM 8
1.
for
is a continuous random variable with density function
Find
A)
, otherwise
.
.
B)
C)
D)
E)
2. As part of the underwriting process for insurance, each prospective policyholder is tested for
diabetes. Let
represent
PRACTICE EXAM 3
385
PRACTICE EXAM 3
1. Let
and
form a random sample from a Poisson distribution. The Poisson distribution
has a mean of 1. If
, then
=
A)
2.
B)
and
C)
D)
E)
are random losses with the following joint density function:
for
, and
elsewhere.
PRACTICE EXAM 4
403
PRACTICE EXAM 4
1. Event
is a subevent of
. Which of the following must be true.
I.
II.
III.
A) All but I
B) All but II
C) All but III
D) II only
E) III only
2. A dental insurance policy covers three procedures: orthodontics, fillings
PRACTICE EXAM 5
419
PRACTICE EXAM 5
1.
has pdf
Find
, defined for
for
A)
, where
and are both
.
.
B)
C)
D)
E)
2. Micro Insurance Company issued insurance policies to 32 independent risks. For each policy,
the probability of a claim is 1/6. The benefit amo
PRACTICE EXAM 1
351
PRACTICE EXAM 1
1. If
and
A)
are events for which
, then
B)
C)
D)
E) 1
2. Sixty percent of new drivers have had driver education. During their first year, new drivers
without driver education have a probability of .08 of having an acci
Exam P
Probability
The examination for this material consists of 3 hours of multiple-choice questions and is identical to CAS
Exam 1. Exam P is now being offered as a computer-based test. Details on this appear in the Exam P
Computer-Based Testing Adminis
SOCIETY OF ACTUARIES/CASUALTY ACTUARIAL SOCIETY
EXAM P PROBABILITY
EXAM P SAMPLE SOLUTIONS
Copyright 2007 by the Society of Actuaries and the Casualty Actuarial Society
Some of the questions in this study note are taken from past SOA/CAS examinations.
P-0
SOCIETY OF ACTUARIES/CASUALTY ACTUARIAL SOCIETY
EXAM P PROBABILITY
EXAM P SAMPLE QUESTIONS
Copyright 2007 by the Society of Actuaries and the Casualty Actuarial Society
Some of the questions in this study note are taken from past SOA/CAS examinations.
P-0