Question: The company cannot predict whether the pandemic death rate will stay stable. Set the seed to 29, then write a Monte Carlo simulation that for

 The company cannot predict whether the pandemic death rate will stay

The company cannot predict whether the pandemic death rate will stay stable. Set the seed to 29, then write a Monte Carlo simulation that for each of B = 10000 iterations: - randomly changesp by adding a value between -0.01 and 0.01 with sample(seq(0. 01, 0. 01, length = 100), 1) - uses the new random p to generate a sample of n = 11000 policies with premium 1: and loss per claim I = 150000 - returns the profit over 11 policies {sum of random variable) (IMPORTANT! If you use R 3.6 or laterr you will need to use the command set. seed (3;, sample. kind = \"Rounding\") instead of set. seed(x) . Your R version will be printed at the top of the Console window when you start RStudio.) The outcome should be a vector of B total profits. Use the results of the Monte Carlo simulation to answer the following three questions. (Hint: Use the process from lecture for modeling a situation for loans that changes the probability of default for all borrowers simultaneously.) Question 6a 0.0!10 point {graded} What is the expected value over 1,000 policies

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