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You are given the following information: - The underlying loss distribution function for a certain line of business is 2019 is: F(x)=1x5x>1 - From 2019
You are given the following information: - The underlying loss distribution function for a certain line of business is 2019 is: F(x)=1x5x>1 - From 2019 to 2020,10% inflation impacts all claims uniformly. Determine the 2020 Loss Elimination Ratio for a deductible of 1.2
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