D
danjc
Member
Hi all,
I've got two questions that hopefully you guys can help me with. I'd really appreciate any help!
The first is very simple; I've been going through the course notes and they regularly refer to "the Tables". I have looked through the course notes thoroughly and cannot find them. I purchased the CMP, is it not included in there or have I not looked through the notes carefully enough?
The second question is to do with Chapter 4 - Reinsurance. P23, Q4.15, has the question "What is the limit of E(Yn) as n tends towards infinity?"
I've had a look at the answers and I can follow until we derive:
k^n (lambda)/(alpha - 1) * [1 - (1 + 500/(k^n * lambda))^(1-alpha)]
But when they ask me to use a binomial expression and simplify I'm not sure what to do
. I assume its relatively simple as they put no working...
I've got two questions that hopefully you guys can help me with. I'd really appreciate any help!
The first is very simple; I've been going through the course notes and they regularly refer to "the Tables". I have looked through the course notes thoroughly and cannot find them. I purchased the CMP, is it not included in there or have I not looked through the notes carefully enough?
The second question is to do with Chapter 4 - Reinsurance. P23, Q4.15, has the question "What is the limit of E(Yn) as n tends towards infinity?"
I've had a look at the answers and I can follow until we derive:
k^n (lambda)/(alpha - 1) * [1 - (1 + 500/(k^n * lambda))^(1-alpha)]
But when they ask me to use a binomial expression and simplify I'm not sure what to do