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You are given the following information about two classes of business, where X is the loss for an individual insured: Class 1 Class 2 Number
You are given the following information about two classes of business, where X is the loss for an individual insured: Class 1 Class 2 Number of insureds 25 50 E[X ] 380 23 E[X2] 365,000 You are also given that an analysis has resulted in a Buhlmann K value of 2.65. Calculate the process variance of Class 2
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