Feb13p - EXAM P QUESTIONS OF THE WEEK S Broverman 2006 Week of February 13/06 A loss is a random variable with the following density function 0 B B

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EXAM P QUESTIONS OF THE WEEK S. Broverman, 2006 Week of February 13/06 A loss is a random variable with the following density function: \ . 0ÐBÑ œ Þ!!!" ß ! Ÿ B Ÿ "!ß !!! An insurance policy will pay a part of the loss that occurs in the following way: Loss Amount Insurance Payment B B Ÿ "!!! ! "!!!  B Ÿ &!!! B  "!!! B  &!!! %!!!  Þ&ÐB  &!!!Ñ The coefficient of variation of a random variable is defined to be . ] È Z+<Ð]Ñ IÐ] Ñ Find the coefficient of variation of if is the amount of the insurance payment. ]] The solution can be found below.
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This note was uploaded on 03/29/2010 for the course STATISTICS 50 taught by Professor Diaz during the Spring '10 term at California State University , Monterey Bay.

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Feb13p - EXAM P QUESTIONS OF THE WEEK S Broverman 2006 Week of February 13/06 A loss is a random variable with the following density function 0 B B

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