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1. Losses in the year 2019 have a lognormal distribution with u = 6.9078 and o = 1.5174. Losses increase 20% each year due to
1. Losses in the year 2019 have a lognormal distribution with u = 6.9078 and o = 1.5174. Losses increase 20% each year due to inflation. For the year 2020, calculate the ratio of the loss elimination ratio at an ordinary deductible of 10,000 to the loss elimination ratio at an ordinary deductible of 1000. 1. Losses in the year 2019 have a lognormal distribution with u = 6.9078 and o = 1.5174. Losses increase 20% each year due to inflation. For the year 2020, calculate the ratio of the loss elimination ratio at an ordinary deductible of 10,000 to the loss elimination ratio at an ordinary deductible of 1000
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