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Part II Insurer Pricing An insurer sells a one-year policy to many people with the following loss distributions: Size of loss 50,000 30,000 10,000 5,000
Part II Insurer Pricing
An insurer sells a one-year policy to many people with the following loss distributions:
Size of loss 50,000 30,000 10,000 5,000 Probability of loss 0005 001 0.915
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