Answered: Can you a modified formula for E(S) and…

Can you a modified formula for E(S) and Var(S), where Sis the total claim size, the number of claims per year follow a Negative Binomial distribution with p and k as parameters . Explainfo

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Can you a modified formula for E(S) and Var(S), where Sis the total claim
size, the number of claims per year follow a Negative Binomial distribution
with p and k as parameters . Explainfor what values of k and p you can havet quite
different results for E(S) from that of the homogeneous Poisson case.

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