- +44 141 628 6080
- [email protected]

Determine the ruin probability

Question:

Under otherwise the same assumptions and numerical parameters as made in exercise 3.35 (1),

(1) Determine the ruin probability if claims arrive according to an ordinary renewal process the typical cycle length of which has an Erlang distribution with parameters n = 2 and λ = 4,

(2) Determine the ruin probability if claims arrive according to the corresponding stationary renewal process.

Expected delivery within 24 Hours

1930703

Questions

Asked

3,689

Active Tutors

1451240

Questions

Answered

**
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !! **

Â©TutorsGlobe All rights reserved 2022-2023.

## Q : Determine the optimal renewal interval t

Determine the optimal renewal interval t and the corresponding maintenance * cost rate for policy 1 (section 3.2.6.2