Fall 1997 Question 8

Neil Narale ( nnarale@julian.uwo.ca )
Fri, 16 Apr 1999 11:56:30 -0700

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8) 1700 claims x < $6000
30 claims $7000 > x > $6000 <----- Total amount $200,000
270 claims x > $7000

E[X;6000] = $1810

Find E[X;7000].

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