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Student Solutions Manual to Accompany Loss Models: From Data to Decisions, Fourth Edition by Gordon E. Willmot, Harry H. Panjer, Stuart A. Klugman

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CHAPTER 19

CHAPTER 19

19.1   SECTION 19.5

19.1

images

The three estimates are

images

19.2

images

images

The estimates are

images

Using the alternative method,

images

and the estimates are

images

19.3 images. With μ known to be 600, images, Z = 3/3.4091 = 0.8800. The premium is image.

19.4 (a)

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(b) This follows from (19.6).

(c)

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The middle term is zero ...

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