Mathematics, 04.08.2021 04:30, Chad5978
An insurance policy has an ordinary deductible of 10. Suppose losses are exponentially distributed with mean 1. Find the standard deviation of the payment, taking into account zero payments on losses below the deductible.
a) 0.0005
b) 0.0012
c) 0.0095
d) 0.0344
e) 0.0421
Answers: 3
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An insurance policy has an ordinary deductible of 10. Suppose losses are exponentially distributed w...
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