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Unformatted text preview: Using the normal approximation, estimate the probability that total claims will exceed 2.7 million. 2. Cancer claims follow an exponential distribution with parameter . VaR 0.75 (X) = 170.5142 Calculate k so that the standard deviation principle is equal to TVaR 0.75 (X)....
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This note was uploaded on 03/15/2012 for the course STAT 479 taught by Professor Na during the Spring '10 term at Purdue University-West Lafayette.
- Spring '10