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Unformatted text preview: In other words: E[(X-d) + ] = 0.5E[X] Determine d. 2. The random variable X is uniformly distributed between 20 and z. TVaR .80 (X) = 155. Determine k so that the standard deviation principle is also equal to 155....
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- Spring '10
- Variance, insurance company, emergency room, standard deviation principle, emergency room visit