5. A loss random variable X has a Pareto distribution with α = 2 and 0 = unspecified. If 5 + 3 ex (100) (50) determine TVaR (X) when p= 48/49.

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
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5. A loss random variable X has a Pareto distribution
and e = unspecified. If
with d = 2
(100)
5 e, (50)
3 ex
determine TVAR, (x) when p= 48/49.
%3D
Transcribed Image Text:5. A loss random variable X has a Pareto distribution and e = unspecified. If with d = 2 (100) 5 e, (50) 3 ex determine TVAR, (x) when p= 48/49. %3D
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