1. 

   Shikha Agarwal Member

   Can anyone please explain me this topic of compound distribution in breif. I hav lots of difficulty in understanding whether a particular ques belongs to compound distribution or not. Plx explain

    

   Shikha Agarwal, Aug 20, 2016

   #1
2. 

   John Lee ActEd Tutor Staff Member

   If you have two random variables, one modelling the number of claims and one modelling the amount of each claim then the total is a compound distribution.

    

   John Lee, Aug 23, 2016

   #2
3. 

   Shikha Agarwal Member

   So it is considered only for total claims?

    

   Shikha Agarwal, Aug 23, 2016

   #3

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