Question: I have a question for this. This comes from an insurance course. Question I: You are given: (i) Losses in a given year follow a

I have a question for this. This comes from an insurance course.

Question I: You are given: (i) Losses in a given year follow a Gamma distribution with parameters a and 0, where 0 does not vary by policyholder. (ii) The prior distribution of a has mean 50. (iii) The Buhlmann credibility factor based on two years of experience is 0.25. Calculate Vam(oz)

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