NAME: ________________________
← Actuary Exam 1 Test
5 Written Questions
5 Matching Questions
- Choosing ordered subset of size k withouth replacement from n objets:
- Continuous Uniform Distribution: F(x) =
- Discrete Distribution:
- When considering permutations, the order is:
- P[A or B or C] =
- a P[A] + P[B] + P[C] - P[A & B] - P[A & C] - P[B & C] + P[A & B & C]
- b n! / (n-k)! P(n,k)
- c integral (a to x) f(x) dx = (x-a) / (b - a)
- d Can only take on values from a finite infinite sequence.
- e important: {a,b} does not equal {b,a}
5 Multiple Choice Questions
- the probability or density function is maximized.
- a^2Var[X]
- lamn / (lamn - t) t<lamn
- VAR[X] + VAR[Y] + 2*COV[X,Y]
- (1-p) / p
5 True/False Questions
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Conditional Probability: P[B] = → P[B(giv)A] P[A] + P[B(giv)A'] P[A']
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told: exponential distribution with mean of 3 (lamna =) → lamn(e^(-lamn*x))
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Exponential Distribution: E[X] & VAR[X] = → 1/lamn & 1/(lamn^2)
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For Discrete Random Variable E[X] = → x1p(x1) + x2p(x2) + .......
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Mx(t) = → E[e^(tx)]
Regenerate Test