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The airline operates 100 flights per month. Each flight has the same risks as outlined in the previous question and they are independent. Find the
The airline operates 100 flights per month. Each flight has the same risks as outlined in the previous question and they are independent. Find the expectation and standard deviation of the aggregate loss amount for this portfolio of 100 flights
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Probability and Stochastic Processes A Friendly Introduction for Electrical and Computer Engineers
Authors: Roy D. Yates, David J. Goodman
3rd edition
1118324560, 978-1118324561
