Actuarial Discussion Forum - Professional Discussions for Professional Actuaries

Actuarial Jobs from Actuary.com    Submit Your Actuarial Resume Anonymously
Other Insurance Jobs    Other Financial Jobs    Other Health Jobs    Other IT Jobs    Other Jobs, Careers and Employment    Actuarial News
Directory of Actuarial Exam Study Courses - Online    Directory of Actuarial Exam Study Materials    Directory of Actuarial Exam Study Seminars - Live
Directory of Actuarial Recruiters    Directory of Actuarial Schools    Actuarial Grads Network    Actuary.com 



D.W. Simpson & Co, Inc. - Worldwide Actuarial Jobs
Life Jobs 
Health Jobs Pension Jobs Casualty Jobs Salary Apply
Pauline Reimer, ASA, MAAA - Pryor Associates
Nat'l/Int'l Actuarial Openings: Life P&C Health Pensions Finance
ACTEX Publications and MadRiver Books
Serving students worldwide for over 40 years
Advertise Here - Reach Actuarial Professionals
Advertising Information
Actuarial Careers, Inc.® - Actuarial Jobs Worldwide
Search positions by geographic region, specialization, or salary
Ezra Penland Actuarial Recruiters - Top Actuarial Jobs
Salary Surveys  Apply Online   Bios   Casualty   Health   Life   Pension

+ Reply to Thread
Results 1 to 2 of 2

Thread: A simple problem

  1. #1
    Actuary.com - Level IV Poster Anu Dhanuka's Avatar
    Join Date
    Mar 2007
    Location
    CA
    Posts
    264

    A simple problem

    A certain city with population of 132,000 is to be divided into 11 voting districts, and no districts is to have population that is more than 10 percent greater than the population of any other district. What is the minimum possible population that the least population district could have?

    Please answer.

  2. #2
    Actuary.com - Level III Poster
    Join Date
    Jun 2007
    Location
    Ohio
    Posts
    138
    11,000. The minimal district will come about from having all ten of the other districts exactly 10% bigger than the minimal one. Algebraically...

    X = pop. in smallest district.
    1.1 * X = pop in the other 10 districts. So,
    132,000 = X + 10(1.1*X) = 12X.

+ Reply to Thread

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

     

Similar Threads

  1. Practic Exam "FM" Problems - courtesy Actex Publications and Richard L. London, FSA
    By admin in forum SOA Exam FM / CAS Exam 2 - Financial Mathematics - with practice exam problems
    Replies: 8
    Last Post: September 20th 2007, 01:04 PM
  2. Mortality problem
    By Nobody1111 in forum SOA Exam MLC - Actuarial Models, Life Contingencies - with practice exam problems
    Replies: 3
    Last Post: December 17th 2006, 08:50 PM
  3. Bizzarre Simple Interest Question
    By mr_spock in forum SOA Exam FM / CAS Exam 2 - Financial Mathematics - with practice exam problems
    Replies: 2
    Last Post: April 2nd 2006, 03:27 PM
  4. HELP! simple interest vs compound interest
    By El_Torero in forum SOA Exam FM / CAS Exam 2 - Financial Mathematics - with practice exam problems
    Replies: 1
    Last Post: November 8th 2005, 06:06 PM
  5. Sample Exam "CAS/4" Problems - courtesy of Sam Broverman and Actex
    By admin in forum SOA Exam C / CAS Exam 4 - Construction + Evaluation of Models - with practice exam problems
    Replies: 0
    Last Post: April 12th 2005, 11:18 AM

Bookmarks - Share

Bookmarks - Share

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts