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Claim amounts from a portfolio have the distribution with PDF f(x) = 2cxex, x0. An individual excess of loss reinsurance arrangement with retention limit


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Claim amounts from a portfolio have the distribution with PDF f(x) = 2cxex, x0. An individual excess of loss reinsurance arrangement with retention limit M = 3 is in force. A sample of the reinsurer's payment amounts gives the following values: n=10 = 87 = 923 where the units are millions of pounds. Find the maximum likelihood estimate of c.

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