Find the value-at-risk at the confidence level 95 that is


A bank has N ~Poi(1000) independent investments, each gives net profit distributed as Z - 1, where Z ~Exp(1). Find the value-at-risk at the confidence level 95%, that is, the amount of capital the bank needs to have to buffer its possible losses with probability 95%

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Basic Statistics: Find the value-at-risk at the confidence level 95 that is
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