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Thread: Trouble understanding Exam 1/P question from SOA 142... help?

  1. #1
    Actuary.com - Level I Poster
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    Trouble understanding Exam 1/P question from SOA 142... help?

    As you see from the title, I'm having trouble understanding a problem from the 142 SOA Exam 1/P question bank:

    A machine consists of two components, whose lifetimes have the joint density function

    f(x,y) = 1/50 x>0, y>0, x+y<10)
    0 otherwise

    The machine operates until both components fail. Calculate the expected operational time of the machine
    ....

    I solved for E[x+y] over 0<x<10 and 0<y<10-x and got 6.7. This is one of the possible answers but not the correct one, which is 5.0. They offer an explanation but I don't really understand it.... could anyone offer me a clear explanation of how to solve this?

    Thanks and good lookin' out people.
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    J.D.

  2. #2
    Actuary.com - Level III Poster
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    did you try using order statistics? If I'm reading your problem correctly, and you haven't left anything out, I would be looking for E(Z) where z=Max(x,y).

  3. #3
    Actuary.com - Level I Poster
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    Thanks!

    No I didn't and thank you for your explanation Stodd, I understand it now.

    Quote Originally Posted by Stodd View Post
    did you try using order statistics? If I'm reading your problem correctly, and you haven't left anything out, I would be looking for E(Z) where z=Max(x,y).
    +-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+
    Never send to know for whom the bell tolls; it tolls for thee
    +-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+
    J.D.

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