Homework Help is Here – Start Your Trial Now!
Math
Statistics
3. Aggregate risk S comes from compound Poisson random variable with N- P(100) and individual claims X are exponential with mean 100. The insurer retains losses up to M = 200. Calculate the mean and variance of the re-insurer aggregate claims.

3. Aggregate risk S comes from compound Poisson random variable with N- P(100) and individual claims X are exponential with mean 100. The insurer retains losses up to M = 200. Calculate the mean and variance of the re-insurer aggregate claims.

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
See similar textbooks
icon
Related questions
Question
3. Aggregate risk S comes from compound Poisson random variable with N- P(100) and individual claims X are exponential with mean 100. The insurer retains losses up to M = 200. Calculate the mean and variance of the re-insurer aggregate claims.
Transcribed Image Text:3. Aggregate risk S comes from compound Poisson random variable with N- P(100) and individual claims X are exponential with mean 100. The insurer retains losses up to M = 200. Calculate the mean and variance of the re-insurer aggregate claims.
Expert Solution
steps

Step by step

Solved in 3 steps with 13 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
SEE MORE TEXTBOOKS