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ABy Admin
Jun 01'22
Exercise
The claim frequency [math]N[/math] has the following properties:
- The claim frequency has a geometric distribution
- The probability that [math]N=1[/math] given that [math]N\gt0[/math] equals 0.3
Determine the variance of the claim frequency given that [math]N\gt0[/math].
- 0.4671
- 1.19
- 3.1477
- 3.477
- 7.77