Panjer Recursion
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Panjer recursion is an algorithm to compute the probability distribution of a compound random variablewhere both N, and Xi, are stochastic and of a special type. It was introduced in a paper of Harry Panjer . It is heavily used in actuarial science.Sundt proved in the paper that only the binomial distribution, the Poisson distribution and the negative binomial distribution belong to the Panjer class, depending on the sign of a,. They have the parameters and values as described in the following table. WN(x), denotes the probability generating function.
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GarantieWeitere Informationen
- Allgemeine Informationen
- GTIN 09786131265440
- Editor Lambert M. Surhone, Mariam T. Tennoe, Susan F. Henssonow
- Größe H220mm x B220mm
- EAN 9786131265440
- Format Fachbuch
- Titel Panjer Recursion
- Herausgeber Betascript Publishing
- Anzahl Seiten 116
- Genre Mathematik
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