X is a random variable for a loss. Losses in the year 2000 have a distribution...

 

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X is a random variable for a loss. Losses in the year 2000 have a distribution such that E(X^d) -0.025d +1.475d-2.25, d = 10, 11,..., 26 = Losses are uniformly 10% higher in 2001. An insurance policy reimburses 100% of losses subject to a deductible of 11 up to a maximum reimbursement of 11. Calculate the ratio of expected reimbursements in 2001 over expected reimbursements in the year 2000. X is a random variable for a loss. Losses in the year 2000 have a distribution such that E(X^d) -0.025d +1.475d-2.25, d = 10, 11,..., 26 = Losses are uniformly 10% higher in 2001. An insurance policy reimburses 100% of losses subject to a deductible of 11 up to a maximum reimbursement of 11. Calculate the ratio of expected reimbursements in 2001 over expected reimbursements in the year 2000.