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Ruin Theory, Exam style q2

P

Patrova01

Member
Hi

Can someone help me understand the table in the solution. I follow through with 0, or 1 claims, how the probabilities are obtained. But then i'm confused with the last line, the 2 claims. The solution says 50, 50. Why are we disregarding 50,100 or 100,100? Maybe there's something i;m missing. Help me get clarity please.
 
Patrova01 said:
Hi

Can someone help me understand the table in the solution. I follow through with 0, or 1 claims, how the probabilities are obtained. But then i'm confused with the last line, the 2 claims. The solution says 50, 50. Why are we disregarding 50,100 or 100,100? Maybe there's something i;m missing. Help me get clarity please.
Click to expand...

Because if total clams were 150 or 200 , there were be ruin.........
 
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