S479 F09 Quiz 3

# S479 F09 Quiz 3 - The first Gamma distribution with...

This preview shows pages 1–2. Sign up to view the full content.

Stat 479 Fall 2009 Quiz 3 September 17, 2009 1. The random variable X is is distributed as a Pareto distribution given a parameter θ and a parameter α = 3. θ follows a gamma distribution with parameters α = 2 and θ = 3. Calculate Var(X).

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
2. Losses are distributed as a two point mixture distribution of Gamma distributions.
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: The first Gamma distribution with parameters of α = 4 and θ = 2 has a weight of 0.75. The second Gamma distribution with parameters of α = 4 and θ = 10 has a weight of 0.25. Use the normal approximation to determine the probability that the sum of 100 independent claims will exceed 1750....
View Full Document

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern