Question 1
Question 4
A random sample of ten data points for a loss variable X is as follows:
A random sample of ten data points for a loss variable X is as follows:
100
100
300
300
300
400
400
500
50
Chapter 16
1. Claim sizes are modeled using an inverse Pareto distribution with =2
and =100. A random sample of losses is
350 450 600 900
Assuming the claims below 100 are truncated due to a deductibl
Poisson Process
1. Lucky Fang Kai finds coins on his way to Aliber Hall at the Poisson rate of
0.5 coins/minute. Calculate the probability that Fang Kai will not find
another coin within 2 minutes.
2.
TIA 4/C Seminar C.4 problems
1. Claim sizes are modeled using an inverse Pareto distribution with = 2 and = 100. A random
sample of losses is
350
450
600
900
Assuming that claims below 100 are truncat