Question: Consider a shifted Pareto random variable y = x + a, a > 0 where x > 0 is Pareto Pala, a). (a) Find the

Consider a shifted Pareto random variable y = x + a,

Consider a shifted Pareto random variable y = x + a, a > 0 where x > 0 is Pareto Pala, a). (a) Find the distribution of Fy(x) Consider Fy(x) for a = 1 = 10, a = 4 (b) Given the Risk Adjusted Premium for this risk is 30, find the value of the risk index p

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