1. 

   Chandrima Member

   I was trying to attempt the following question and could solve up to part (iii). Can anyone please explain what is to be done for part (iv)? I am not being able to understand going through the solution.
   

    

   Last edited by a moderator: Jan 23, 2017

   Chandrima, Jan 15, 2017

   #1

   Bharti Singla likes this.
2. 

   John Lee ActEd Tutor Staff Member

   (iv)(a) calculate the P(X>2) = 0.1353 so about 13% of claims from the ith windstorm are >2, we've got a 1000 windstorms
   (b) Just use your result you proved in part (iii)
   (c) Just use your formula from part (ii) for this new compound distribution

    

   John Lee, Jan 23, 2017

   #2
3. 

   Chandrima Member

   Thank you sir. I could do it later.

    

   Chandrima, Feb 3, 2017

   #3

   John Lee likes this.

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