Revision as of 20:10, 8 May 2023 by Admin (Created page with "'''Solution: A''' Because there must be two smaller values and one larger value than X, X cannot be 1, 2, or 12. If X is 3, there is one choice for the two smallest of the fo...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Exercise


May 08'23

Answer

Solution: A

Because there must be two smaller values and one larger value than X, X cannot be 1, 2, or 12. If X is 3, there is one choice for the two smallest of the four integers and nine choices for the largest integer. If X is 4, there are three choices for the two smallest of the four integers and eight choices for the largest integer. In general, if X = x, there are (x – 1) choose (2) choices for the two smallest integers and 12 – x choices for the largest integer. The total number of ways of choosing 4 integers from 12 integers is 12 choose 4 which is 12!/(4!8!) = 495. So the probability that X = x is:

[[math]] \frac{\binom{x-1}{2}(12-x)}{495} = \frac{(x-1)(x-2)(12-x)}{990}. [[/math]]

Copyright 2023. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.

00