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Claim sizes this year is modeled by a random variable X, whichfollows a Pareto distribution with parameters ? = 2 and ? = 100.Claim sizes
Claim sizes this year is modeled by a random variable X, whichfollows a Pareto distribution with parameters ? = 2 and ? = 100.Claim sizes next year is modeled as Y = 1.1X. The insurance policyhas 2 answers
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
978-0471737933
