Assume that a policyholder is four times more likely to file exactly two claims as to file exactly three claims. Assume also tha
t the number X of claims of this policyholder is Poisson. Determine the expectation E(X²).
1 answer:
Answer:
1.3125
Step-by-step explanation:
Given that our random variable
follows a Poisson distribution
Evaluate the formula at 

#since

The mean and variance of the Poisson distributed random variable is equal to
:

#By property variance:

The expectation is 1.3125
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