Determine coeffcient of variation of severity distribution

Reference no: EM1387384

A standard for full credibility of 1,000 claims has been selected so that the actual pure premium will be within 10% of the expected pure premium 95% of the time. The number of claims has the Poisson distribution. Determine the coeffcient of variation of the severity distribution.

Reference no: EM1387384

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Determine coeffcient of variation of severity distribution : A standard for full credibility of 1,000 claims has been selected so that the actual pure premium will be within 10% of the expected pure premium 95% of the time. The number of claims has the Poisson distribution. Determine the coeffcient of vari..

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