The worksheet used to produce Figure 23.2 is on the authors web site. How does the loss

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The worksheet used to produce Figure 23.2 is on the author’s web site. How does the loss distribution change when the loss severity has a beta distribution with upper bound of 5, lower bound of zero, and the other parameters both 1?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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