Both Problem 75-A and Problem 75-B use the following information. A worker travels to work by train 5 days a week (Monday to Friday). The length of a train ride (in minutes) to work follows a continuo… more →
SOA Exam P / CAS Exam 1wrote 55 minutes ago: By popular demand, this video shows the solutions to the probability question that is on the latest … more →
wrote 9 hours ago: This post is to demonstrate the methods and techniques for an Exam P (Exam 1) practice problem. This … more →
wrote 10 hours ago: In a party of n people, each person writes down his name on a piece of paper and throws it in a bag. … more →
wrote 14 hours ago: Both Problem 75-A and Problem 75-B use the following information. A worker travels to work by train … more →
wrote 15 hours ago: Both Problem 74-A and Problem 74-B use the following information. A insurer issued policies to cover … more →
wrote 17 hours ago: You want to buy a company whose value V ∼ U(0,1). You place a bid B for the company. If B < V, th … more →
wrote 19 hours ago: Nella pagina PAGINA appena pubblicate le soluzioni degli esercizi (lasciati per casa) pubblicati il … more →
wrote 21 hours ago: In each decision we make, it is important to evaluate options in probabilistic terms, to make the ri … more →
wrote 23 hours ago: Stop me if you’ve heard this one. Kirk, Spock, McCoy, and Ensign Redshirt beam down to the pla … more →
wrote 1 day ago: Today I’m going to discuss the well-known Monty Hall problem of puzzling probabilities; it … more →
wrote 1 day ago: Weathering the Storm…Nine Months Later but Who is Counting At six-o’clock in the morning … more →
wrote 1 day ago: Both Problem 73-A and Problem 73-B use the following information. A certain restaurant is very busy … more →
wrote 1 day ago: You may not have noticed, but the PowerballTM Jackpot is up to $600 Million ($376.9 Million cash val … more →
wrote 1 day ago: A die is rolled once. Call the result N. Then it is rolled N times, and rolls which are greater than … more →
wrote 1 day ago: I am currently working on a validation metric for binary prediction models. That is, models which ma … more →
wrote 2 days ago: It looks like the Powerball lottery for Saturday might reach a new record. I remember calculating th … more →
wrote 2 days ago: http://www.brfe.net/subject/probability-and-statistics-for-engineering-and-the-sciences-solution-man … more →
wrote 2 days ago: Right from the preface of the book, Prof. David Williams emphasizes that intuition is … more →
wrote 2 days ago: This book reminds me of “Elementary Stochastic Calculus with Finance in view”, a book by Thomas Miko … more →