APPROXIMATION OF RANDOM SUMS OF RANDOM VARIABLES IN INSURANCE
The paper deals with approximations of random sums. By random sum we mean a sum of random number of independent and identically distributed random variables. Distribution of this sum is called a compound distribution. The model is especially important in non-life insurance. There are many methods fo...
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| Format: | Article |
| Language: | English |
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Society of Polish Mechanical Engineers and Technicians
2014-09-01
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| Series: | Advances in Science and Technology Research Journal |
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| Online Access: | http://www.journalssystem.com/astrj/Approximation-of-random-sums-of-random-variables-in-insurance,139,0,2.html |