Suppose that X has a Pareto distribution with a = 1.5 and 8 = 20,000. Determine the mean excess loss at 15,000, e (15, 0
Posted: Sun Sep 05, 2021 5:05 pm
Suppose that X has a Pareto distribution with a = 1.5 and 8 = 20,000. Determine the mean excess loss at 15,000, e (15, 000). Round your result to the nearest whole number.