3. [6 points] Loss sizes follow a continuous spliced distribution with p.d.f. f. The probability density function of the
Posted: Wed May 11, 2022 8:35 am
3. [6 points] Loss sizes follow a continuous spliced distribution with p.d.f. f. The probability density function of the spliced distribution below 500 is proportional to the probability density function of an exponential distribution with mean 0 = 250. The probability density function of the spliced distribution above 500 is proportional to the probability density function of a Weibull distribution with parameters T= 2,0 = 400. Determine f(500). . - =