Support me on Patreon!: https://www.patreon.com/SagarLamba
--
In this video, we will look at Sample Question 82 from the Society of Actuaries' Exam P (Probability) list of sample questions.
----
An insurance company issues 1250 vision care insurance policies. The number of claims
filed by a policyholder under a vision care insurance policy during one year is a Poisson
random variable with mean 2. Assume the numbers of claims filed by different
policyholders are mutually independent.
Calculate the approximate probability that there is a total of between 2450 and 2600
claims during a one-year period?
(A) 0.68
(B) 0.82
(C) 0.87
(D) 0.95
(E) 1.00
----
#Calculus #Actuary #ExamP #Probability #Theory #Math #Tutorial #Science #Education
