Question: 2. Consider a risk process with X; -y(2, 2) with loading factor 15%. Using the approximation ERXX 1+Rx+1R2x+Rx? (a) Calculate the approximate (b) Calculate the

2. Consider a risk process with X; -y(2, 2) with loading

2. Consider a risk process with X; -y(2, 2) with loading factor 15%. Using the approximation ERXX 1+Rx+1R2x+Rx? (a) Calculate the approximate (b) Calculate the exact R and compare with R 2. Consider a risk process with X; -y(2, 2) with loading factor 15%. Using the approximation ERXX 1+Rx+1R2x+Rx? (a) Calculate the approximate (b) Calculate the exact R and compare with R

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