ActStudent2711
Member
Hi,
When answering a question on determining the adjustment coefficient where the claim distribution is Exponential and the aggregate claims process is Poisson, would full marks be awarded if using the following functions from the notes: (alpha is the parameter for exponential)
R = alpha*theta/(1+theta) or alpha - (lambda/c)
Or would we have to show all steps ie. from: Mx(R) = 1 + (1+theta)m_1 R ?
Thanks in advance!
When answering a question on determining the adjustment coefficient where the claim distribution is Exponential and the aggregate claims process is Poisson, would full marks be awarded if using the following functions from the notes: (alpha is the parameter for exponential)
R = alpha*theta/(1+theta) or alpha - (lambda/c)
Or would we have to show all steps ie. from: Mx(R) = 1 + (1+theta)m_1 R ?
Thanks in advance!