Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Actuary Tong has to study for two actuarial exams: Exam P and Exam FM. The amount of study time that Actuary Tong will spend on each exam in a day follows a continuous random variable that ranges from 0 to 1 hour. The amount of study time that Actuary Tong spends on both exams in a day has a joint density function that is equal to the sum of the study times that Actuary Tong spends on each exam in a day. Calculate the probability Actuary Tong spends at least half an hour in a day studying for exactly one of the exams

Sagot :

okpalawalter8

The Probability of spending at least half an hour on exactly one subject is mathematically given as

P(1)= 0.50

What is the Probability of spending at least half an hour on exactly one  subject

Question Parameters:

The amount of study time that Actuary Tong will spend on each exam in a day follows a continuous random variable that ranges from 0 to 1 hour.

Generally, the equation for the Probability of spending at least half an hour on a subject is mathematically given as

P(A)= (1 – 0.5)/(1 – 0)

P(A)= 0.5

Hence, the Probability of spending at least half an hour on exactly one subject is mathematically given as

P(1)=2​​​​​​C1 * 0.5 * 0.5

P(1)= 0.50

For more information on Probability

https://brainly.com/question/795909

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.