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User the occurrence of earthquakes in a region follows a poisson distribution with return period of 2/3 year. it is assumed that losses L during
User the occurrence of earthquakes in a region follows a poisson distribution with return period of 2/3 year. it is assumed that losses L during an earthquake follow a probability distribution of the form: Fl(L)=1-exp(-l). Losses L are measured in million of dollar. calculate the expected losses from all potential earthquake over a 20-year period
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