An actuary determines that the claim size for a certain class of accidents is a random variable, X, with moment generating function MX(t) =1/(1 -2500t)^4.
Determine the standard deviation of the claim size for this class of accidents.
An actuary determines that the claim size for a certain class of accidents is a random variable, X, with moment generating function MX(t) =1/(1 -2500t)^4.
Determine the standard deviation of the claim size for this class of accidents.