Image transcription text(c) Losses follows a compound distribution, with both frequency and severity having discrete distributions. Theprobability generating functions are: (i) For frequency PN(Z) = 1-2(2-1) (ii) For severity Px (z) =0.75+(1-3(2-1))-0.25 3 Calculate the probability the aggregate losses are exactly 1. (8 marks) Show more MathStatistics and Probability
