Loss Models: From Data to Decisions
- ISBN-10
- 0470391332
- ISBN-13
- 9780470391334
- Series
- Loss Models
- Category
- Business & Economics
- Pages
- 784
- Language
- English
- Published
- 2012-01-25
- Publisher
- John Wiley & Sons
- Authors
- Stuart A. Klugman, Harry H. Panjer, Gordon E. Willmot
Description
Determine the percentage increase in the expected cost per admission if the maximum number of days paid is increased from 7 to 14. 9.26 (*) The probability density function of aggregate claims, S, is given by fS(:r) I 3a?_4, a: Z 1.
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