Five observations where generated from the exponential distribution with mean 5 and cdf F(x)=1 - exp(-x/5), x>0.. The un
Posted: Thu Apr 28, 2022 7:33 am
Five observations where generated from the exponential distribution with mean 5 and cdf F(x)=1 - exp(-x/5), x>0.. The uniform random numbers used for generation are 0.15, 0.2, 0.4, 0.45, 0.7. If a deductible d = 0.5 is imposed, then the average payment per loss is O 3.453 02.198 2.899 O 0.355