'Common shock' diaporamas de présentation

Using Copulas

Using Copulas. Multi-variate Distributions. Usually the distribution of a sum of random variables is needed When the distributions are correlated, getting the distribution of the sum requires calculation of the entire joint probability distribution

400 views • 30 slides

442 views • 22 slides

Multiple Lives

Multiple Lives. Lessons 34 to 40. Overview. Probabilities based on a collection of lives, rather than just one life Often used for husband and wife pair, insured and beneficiary, etc. Joint Life. Joint life status: ( xy ) Fails as soon as the first life dies (both need to be alive)

214 views • 10 slides