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Problem 3. The severity of individual claims has a Pareto distribution with pa- rameters a : 3 and 0 : 6000. Use the central limit

Problem 3. The severity of individual claims has a Pareto distribution with pa- rameters a : 3 and 0 : 6000. Use the central limit theorem to approximate the probability that the sum of 200 independent claims will exceed 800,000

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