Actuarial Outpost
 
Go Back   Actuarial Outpost > Exams - Please Limit Discussion to Exam-Related Topics > SoA/CAS Preliminary Exams > Exam 1/P - Probability
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

Meet the Employees of DW Simpson
Patty Jacobsen Simpson, Bob Morand, Kristyn Sakelaris, Sean Loboda, KC Cho, Maureen Matous, Ellen Page
Aaron Benton, Becki Tobia, Kimberly Skora, Margit Vogele, Barclay Burns, Jason Blundy, Dan Karrow, Tom Troceen
Valorie Mulder, Marianne Westphal, Carol Lee, Jennifer Retford, Kieran Welsh-Phillips, Lindsey Nelson, Emily Paxton
Angie Wachholz, Derek Mulder, Julie Garwood, Caitlin Cunningham, David Benton, Dave Retford, Sarah Cleveland, Rhonda Glick
Genevieve Shannon, Meghan Bautista, Carol Datu, Barb Rave, Jesus Perez, Dan Kane, Chris Zdenek, Scott Simon, Kriss Wells


Reply
 
Thread Tools Display Modes
  #1  
Old 05-13-2005, 11:39 AM
Gandalf's Avatar
Gandalf Gandalf is offline
Site Supporter
Site Supporter
SOA
 
Join Date: Nov 2001
Location: Middle Earth
Posts: 26,563
Default Practice problem (and RFSCDME support request)

Code:
Daily margins (M) in the Pillow – Tim>< match are identically 
and independently distributed with density

f(m) = k (m+5), -5 < m < 5, where m is Pillow’s margin for the day 

e.g., m=-2 means Tim>< gets 2 more votes than Pillow for the day.  
Treat M as a continuous random variable, so outcomes like 6.1 
are possible, even though actual votes are discrete.

1. Calculate k.
(A)	.01
(B)	.02
(C)     .03
(D)	.04
(E)	.05

2. Calculate Prob(M>3)
(A)	.20
(B)	.24
(C)     .28
(D)	.32
(E)	.36

3. Pillow trails by 2 at the end of day 2.  Only two days left to catch up!
Calculate the probability that Pillow wins.
(A)	.33
(B)	.42
(C)     .50
(D)	.67
(E)	1.05 

It's not likely that the probability in 3 could exceed 1,
but 1.05 is what I got when I first tried to solve the double integral.
)

Proposed answers
Spoiler:
1. B; integral of density must be 1 2. E 3. D (Let X be day 3 of voting; Y be day 4. Integrate f(x)f(y)dydx over the region where X + Y > 2.

Last edited by Gandalf; 02-10-2008 at 12:12 PM.. Reason: Convert answers to Spoiler format, and fix answer to 3
Reply With Quote
  #2  
Old 08-13-2006, 10:44 PM
michael solomon michael solomon is offline
Member
 
Join Date: Apr 2006
Posts: 70
Default

I got .36 (ans E) for number 2. Am I definately wrong?
Reply With Quote
  #3  
Old 08-13-2006, 11:16 PM
Gandalf's Avatar
Gandalf Gandalf is offline
Site Supporter
Site Supporter
SOA
 
Join Date: Nov 2001
Location: Middle Earth
Posts: 26,563
Default

E looks right to me. I forget why I said D before. Maybe a typo?

No one challenged D before. Maybe no one worked it before.
Reply With Quote
  #4  
Old 08-14-2006, 12:27 AM
CamNZ's Avatar
CamNZ CamNZ is offline
Member
 
Join Date: Jul 2006
Location: Vancouver, Canada
Posts: 77
Default

Why do my double intergrals never, NEVER, end up with an answer matching A - E. I find the correct f(x,y), I set up a graph of the region, it takes friggen ages for an answer to drop out and when it finally comes, its not the answer at all, it's the answers retarded cousin! And it wouldn't suck so bad if it didn't take so long to find out that it's wrong, and then there's to many steps to retrace to find the error. Does any one else feel my pain?
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 09:46 PM.


Powered by vBulletin®
Copyright ©2000 - 2013, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.14385 seconds with 7 queries