Question: explain to me in details concerning translated gamma approximation as related to individual risk model in risk theory and management. give me its conditions and

explain to me in details concerning translated gamma approximation as related to individual risk model in risk theory and management. give me its conditions and explaination on its parameters. also expalin how from a standard gamma distribution how can we obtain the mean, variance and standard variation, also when it is translated how can we obtain the mean, variance and standard variation. include also how to solve its various parameters such as alpha, beta and X note

Step by Step Solution

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!