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  #121  
Old 04-13-2008, 11:36 PM
sam_broverman sam_broverman is offline
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Default April 14, 2008 Exam P Question

The question can be found at
http://www.sambroverman.com/pqw/apr14-08p.pdf




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  #122  
Old 04-15-2008, 06:53 PM
michiko75 michiko75 is offline
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Originally Posted by sam_broverman View Post
The question can be found at
http://www.sambroverman.com/pqw/apr14-08p.pdf




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Thank you for posting. They are really helpful.
One thing from this post:
Why x is from t^2 <x < t^2?
I don't understand.
thanks for the reply.
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Last edited by michiko75; 04-15-2008 at 07:05 PM.. Reason: modified
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  #123  
Old 04-15-2008, 11:30 PM
sam_broverman sam_broverman is offline
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michiko75,

If we square both side of
the inequality x^1/2 < t < 2x^1/2
we get x < t^2 < 4x , which can then be
written as t^2 / 4 < x < t^2 .

SB
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  #124  
Old 04-21-2008, 09:03 AM
sam_broverman sam_broverman is offline
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Default April 21, 2008 Exam P Question

The question can be found at
http://www.sambroverman.com/pqw/apr21-08p.pdf




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  #125  
Old 04-28-2008, 04:03 PM
sam_broverman sam_broverman is offline
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Default April 28, 2008 Exam P Question

The question can be found at
http://www.sambroverman.com/pqw/apr28-08p.pdf




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  #126  
Old 05-05-2008, 03:26 PM
sam_broverman sam_broverman is offline
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Default May 5, 2008 Exam P Question

The question can be found at
http://www.sambroverman.com/pqw/may5-08p.pdf




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  #127  
Old 05-05-2008, 07:22 PM
michiko75 michiko75 is offline
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The question can be found at
http://www.sambroverman.com/pqw/feb25-08p.pdf




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Shouldn't it be limit instead of deductible on page 2?
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  #128  
Old 05-05-2008, 10:42 PM
sam_broverman sam_broverman is offline
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michiko75,

There is no deductible in the solution.

WIth a policy limit of 1, the insurer pays 0
if the loss is 0 and the insurer pays 1 if the
loss is >= 1, so the expected insurance payment
is P(X>=1) . Similar reasoning applies to the
policy with a limit of 2.

SB
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  #129  
Old 05-05-2008, 10:44 PM
Actuarialsuck Actuarialsuck is offline
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Your wording in the solution says "The expected insurance payment on a policy with a deductible of 2 is..." perhaps you meant policy limit
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  #130  
Old 05-06-2008, 09:29 AM
sam_broverman sam_broverman is offline
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Actuarialsuck,

So it does. I can't even read my own writing
when it is typed out. The solution should read
"policy limit of 2" rather than "deductible of 2".

Thank you for pointing that out. I will post a
correction.

SB
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