Can anybody try to solve and explain this problem?

Define Yd= claim paid by the insurer if there is a deductible of d. For aggregate actual claims X, you are given 1. X takes only positive integer values 2. E(X) = E(Yo) =5/3 3. E(Y2) =1/6 4. E(Y3)=0. Determine p1=P(X=1) Ans:1/2

Thanks

Rup

Define Yd= claim paid by the insurer if there is a deductible of d. For aggregate actual claims X, you are given 1. X takes only positive integer values 2. E(X) = E(Yo) =5/3 3. E(Y2) =1/6 4. E(Y3)=0. Determine p1=P(X=1) Ans:1/2

Thanks

Rup

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