Question: An aggregate claims process S(t)t0 is a compound Poisson process with Poisson parameter 100, and the individual claim amount distribution is P a(4, 300). (a)

An aggregate claims process S(t)t0 is a compound Poisson process with Poisson parameter 100, and the individual claim amount distribution is P a(4, 300). (a) Calculate the mean and variance of S(1). (b) Calculate the mean and variance of S(2). (c) Calculate the mean and variance of S(2) S(1).

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