How can I find the distribution and density in closed form of the severity model of losses for the sum of n-losses when α = 0.5 and β = 1 (Levy)? Could someone explain to me how to calculate closed forms in general because I do not understand the concept? X_i(t) ∼ S_α(β, γ, δ; 0)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 92E
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2.

How can I find the distribution and density in closed form of the severity model of losses for the sum of n-losses when α = 0.5 and β = 1 (Levy)? Could someone explain to me how to calculate closed forms in general because I do not understand the concept?

X_i(t) ∼ S_α(β, γ, δ; 0)

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