Question: Aggregate losses (S) follow a compound distribution with frequency and severity distributions as follows: For frequency, N follows a zero modified Binomial distribution with

Aggregate losses (S) follow a compound distribution with frequency and severity distributions

Aggregate losses (S) follow a compound distribution with frequency and severity distributions as follows: For frequency, N follows a zero modified Binomial distribution with parameters m = 7, q = 0.59, and poM = 0.23. For Severity, My(z) = ev z + 0.5z?o. Derive the Kurtosis of S.

Step by Step Solution

3.46 Rating (149 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!