Transcription of EXAM P SAMPLE QUESTIONS - SOA
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EXAM P SAMPLE QUESTIONS - SOA
Page 1 of 138 SOCIETY OF ACTUARIES EXAM P PROBABILITY EXAM P SAMPLE QUESTIONS This set of SAMPLE QUESTIONS includes those published on the probability topic for use with previous versions of this examination. QUESTIONS from previous versions of this document that are not relevant for the syllabus effective with the September 2022 administration have been deleted. The QUESTIONS have been renumbered. Unless indicated below, no QUESTIONS have been added to the version published for use with exams through July 2022. Some of the QUESTIONS in this study note are taken from past SOA examinations. These QUESTIONS are representative of the types of QUESTIONS that might be asked of candidates sitting for the Probability (P) Exam.
In modeling the number of claims filed by an individual under an automobile policy during a three-year period, an actuary makes the simplifying assumption that for all integers n ≥ 0, pn pn( 1) 0.2 ( )+= where . pn represents the probability that the policyholder files . n.
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