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Unformatted text preview: Calculate d. 2. Losses follow an exponential distribution with a mean of 1000. The insurance company wants to implement an ordinary deductible that will result in a loss elimination ratio of 0.5. Calculate the ordinary deductible to be implemented....
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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