September 2012
Beginner to intermediate
536 pages
14h 40m
English
book
Loss Models: From Data to Decisions, 4th Edition
by Stuart A. Klugman, Harry H. Panjer, Gordon E. Willmot
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APPENDIX E
DISCRETIZATION OF THE SEVERITY DISTRIBUTION
There are two relatively simple ways to discretize the severity distribution. One is the method of rounding and the other is a mean-preserving method.
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