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(2) For a certain risk, the probability of a claim is q. Given that there is...

(2) For a certain risk, the probability of a claim is q. Given that there is a claim, the amount of the claim payment is Poisson distributed with parameter λ. The mean and the variance of the claim random variable are 0.30 and 0.33 respectively. Calculate λ. (Ans 0.4)

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