Revision as of 01:00, 23 June 2025 by Admin
Jun 02'22

Exercise

You are given the following:

  • Claim frequency and claim size are independent
  • Monthly claim frequency is Poisson distributed with mean 3
  • The claim size distribution is uniform on [0,1000]

If [math]S[/math] is the annual loss, determine the variance of [math]S[/math]

1 Answer
Jun 02'22

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