This Exam P sample reference tests Continuous Random Variables. Normalizing the inverse-square density on its finite support gives constant 35/6. Integrating from year 5 through year 10 then gives 7/36, approximately 0.194. This is choice B.
How to solve this Continuous Random Variables question
Setup
Setup
Set the integral of the density over its support equal to one.
1=k∫030(x+5)21dx
Model
Model
Evaluate the normalization integral and solve for the constant.
1=k(51−351)=k356
k=635
Compute
Compute
Integrate the normalized density over the required five-year interval.
Pr(5<X<10)=635∫510(x+5)21dx
=635(101−151)=367=0.194444…
Answer
Answer
The probability of death during that interval is approximately 0.194.
0.194(B)
Test the method on unseen problems
Probability Univariate Distributions Practice Workbook
30 original univariate random variables problems with complete solutions and wrong-choice analysis. Written for Exam P, not copied from the SOA set. One-time $19 PDF.
These notes identify the calculation error associated with each wrong letter when that error is reproducible.
AThe density throughout the five-year interval exceeds 0.025, so its area must exceed 0.125. A probability of 0.004 is incompatible with the stated density.
CThe value 0.333 treats the interval length as a fraction of the first 15 years, as though the lifetime density were uniform.
DThe value 0.583 is the probability of death during the first five years, not during years five through ten.
EThe value 0.778 is the cumulative probability of death by year ten. It includes deaths during the first five years.
Original practice · fully worked
Original variant: median of a rising calibration density
A calibration score X ranges from zero to two. Its density at score x is a constant multiple of one plus x. Determine the 50th percentile of X.
A 0.732
B 1.000
C 1.236
D 1.414
E 1.500
Answer and calculation
The integral of 1+x over the support is 4, so the density constant is 1/4. Setting the resulting cumulative probability equal to one half gives the positive root of a quadratic, approximately 1.236. This is choice C.
Setup
Setup
Normalize the rising linear density.
1=c∫02(1+x)dx=4c
c=41
Model
Model
Write the cumulative distribution within the support.
F(x)=41(x+2x2),0≤x≤2
Compute
Compute
Set the cumulative probability to one half and retain the root inside the support.
41(m+2m2)=21
m2+2m−4=0,m=5−1=1.2360679…
Answer
Answer
The median calibration score is approximately 1.236.