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Problem 4. The severities of individual claims have a Pareto distribution with pa- rameters a = 3 and 0 = 6000. Use the central limit

Problem 4. The severities of individual claims have a Pareto distribution with pa- rameters a = 3 and 0 = 6000. Use the central limit theorem to approximate the probability that the sum of 100 independent claims will exceed 400,000

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