Suppose claim amount for an insurance company follows a discrete distribution Pe 0.5 100 0.4 200 0.05 500 0.04 1000 0.005 10000 0.005 Find the cash values which company should hold to be able to cover claims completely with 95% and 99% confidence levels. Calculate Tail risks TVARO.01

Suppose claim amount for an insurance company follows a discrete distribution Pe 0.5 100 0.4 200 0.05 500 0.04 1000 0.005 10000 0.005 Find the cash values which company should hold to be able to cover claims completely with 95% and 99% confidence levels. Calculate Tail risks TVARO.01

Name: Suppose claim amount for an insurance company follows a discretedistr
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Description: Suppose claim amount for an insurance company follows a discretedistributionР.0.51000.42000.055000.0410000.00510000 0.005Find the cash values which company should hold to be able to cover claimscompletely with 95% and 99% confidence levels. Calculat

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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