For a certain company, losses follow a Poisson frequency distribution with mean 2 per year, and the amount of a loss is 1, 2, or 3, each with probability 1/3.

So subtracting 100 from each observation yields data from an exponential distribution and noting that the maximum likelihood estimate is the sample mean gives ...

This set of sample questions includes those published on the probability topic for use with previous versions of this examination. Questions from previous ...

These questions are representative of the types of questions that might be asked of candidates sitting for the Financial Mathematics (FM) Exam.

This set of sample questions includes those published on the probability topic for use with previous versions of this examination. Questions from previous ...

Available at no cost, the sample exams select questions and solutions in an online exam experience that resembles the computer-based testing employed for most ...

Jun 7, 2023 · Fixed answer key typo in sample solution to 7.34 to match the exam answer key. December 16, 2022 Added solutions for Fall 2022 exam questions.

Sep 13, 2023 · Hi! Several users have requested this sheet, which details the topic and Adapt difficulty for each SOA sample question. If you are interested, ...