Answer with explanation Annual losses for the New Widget Factory can be modeled using a Poisson frequency model with mean of 100 and an exponential severity model with mean of $10,000. An insurance company agrees to provide coverage for the portion of any individual loss that exceeds $25,000. Calculate the standard deviation of the insurer's annual aggregate claim payments.

Annual losses for the New Widget Factory can be modeled using a Poisson frequency model with mean of 100 and an exponential severity model with mean of $10,000. An insurance company agrees to provide coverage for the portion of any individual loss that exceeds $25,000. Calculate the standard deviation of the insurer" 3 annual aggregate claim payments. Less than $36,000 At least $36,000, but less than $37,000 At least $37,000, but less than $38,000 At least $33,000, but less than $39,000 $39,000 or more (9696906)