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    4 views4 pages

    PE1

    Uploaded by

    Arfan Zaeni
    dd

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
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    of 4
    PRACTICE EXAM 1 351 PRACTICE EXAM 1 1.If Band Fare events for which P(E U F] = 1, then P[E" UF] = AO B)PIE|+PF]- PIE) PIF] ©) PIB’) + PF) D)PE'}+PIF]-1 ET 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 accident, but new drivers with driver education have only a 05 probability of an accident. What is the probability a new driver has had driver education, given thatthe driver has had no accidents the first year? 5 (92) (95)() ADS B) romeo) TaN Dy ee) B) ee ») TORT A+ COTS ) aaa 3. A loss distribution random variable X has.a pdf of f(x) = ae~* + be~ for « > 0. Ifthe mean of X is I find the probability P[X < 1]. A) 52 BY). C).74 iD) 8S) 96 e-*? for x >0,and ¥ = In-X , find the density function for Y. B) (Iny)eP2 Ge oD) ye 2B) ede 5. Am insurer estimates that Smith's time until death is uniformly distributed on the interval (0,5) and Jones! time until death is uniform on the interval [0, 10]. The insurer assumes that the two times of death are independent of one another. Find the probability that Smith is the first of the two to die. Yr Bs OF DF HF Shaman PRACTICE EXAM 1 355 20. Under a group insurance policy, an insurer agrees to pay 100% of the medical bills incurred during the year by employees ofa small company, up to a maximum total of one million dollars. ‘The total amount of bills incurred, X, has probability density function olds os Hote (se 0, otherwise . Where «is measured in millions. Calteulate the total amount, in millions of dollars, the insurer would expect to pay under this policy. A) 0.120 B) 0301 ©) 0935) 2338) 3.495 21. Let X be a random variable with moment generating function f(t) = (24 for — 90

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