exercise:3734e3ac65: Difference between revisions

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Line 9: Line 9:
<ul class="mw-excansopts">
<ul class="mw-excansopts">
<li>3.41</li>
<li>3.41</li>
<li>38.95</li>
<li>40.97</li>
<li>40.97</li>
<li>38.95</li>
<li>42.15</li>
<li>42.15</li>
<li>69.94</li>
<li>69.94</li>
</ol>
</ol>

Latest revision as of 11:35, 4 July 2024

The following is known about the monthly claim frequency:

  • The monthly claim frequency has a geometric distribution
  • The probability that there are 4 claims in a month is half the probability that there are 2 claims in a month
  • Monthly claim frequencies are independent

Determine the variance of the annual claim frequency.

  • 3.41
  • 38.95
  • 40.97
  • 42.15
  • 69.94