Question: Suppose X ~ Par (a = 4, 0 = 300) with d = 20 a) Find the expected value of the cost per loss, E

Suppose X ~ Par (a = 4, 0 = 300) with

Suppose X ~ Par (a = 4, 0 = 300) with d = 20 a) Find the expected value of the cost per loss, E [Yz]. b) Find the Variance of the cost per loss, Var (YL) c) Find the expected cost per payment E [Yp]. d) Find the variance of the cost per payment Var (Yp)

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