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You are given the following information regarding loss amounts: Loss amounts are subject to an ordinary deductible of d. The variance of payment per
You are given the following information regarding loss amounts: Loss amounts are subject to an ordinary deductible of d. The variance of payment per loss is 5200. The variance of payment per payment is 6000. . The probability that a loss exceeds the deductible of d is 0.80. Calculate the expected payment per loss.
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