3) (25) Suppose an insurance firm has three groups of insured people who have claim distriburn of the form: 3000 of claims follow a Nu = 110,, 02 = 100) distribution , 2500 of claims folow a Nu 120, ,02 = 200) distributions and 4500, of claims folow a N (u = 130,02 300) How much should the company reserve in order to meet all claims with 9R% confidence level i) in a year ii) in 3 months iii) in a month iv) in 2 week time. Covariance matrices read as 30 [100 S= 20 20 200 -10 -10 300 30 3) (25) Suppose an insurance firm has three groups of insured people who have claim distriburn of the form: 3000 of claims follow a Nu = 110,, 02 = 100) distribution , 2500 of claims folow a Nu 120, ,02 = 200) distributions and 4500, of claims folow a N (u = 130,02 300) How much should the company reserve in order to meet all claims with 9R% confidence level i) in a year ii) in 3 months iii) in a month iv) in 2 week time. Covariance matrices read as 30 [100 S= 20 20 200 -10 -10 300 30