There will be 2^Num_L2 buckets used to discretize the distribution.
Click compute to see results...
Specify either the contagion or variance multiplier to determine the variance
of the frequency distribution.
For a negative binomial distribution with mean m, the variance is vm for a
variance multiplier v and m(1+cm) for a contagion of c.
Specify the severity either using a built-in curve from the list or input your
own parameters. (Note: since ISO parameters are proprietary, all the built-in
distributions in the sample are the same "reasonable" distribution. See the
Appendix for information on building your own parameter file, to
incorporate your own proprietary data.)
For user defined distributions, input the parameters in the appropriate text
The shifted lognormal is T + lognormal(mu, sigma). If T=0
this is a standard lognormal distribution.
The Pareto distribution is parameterized as in Wang, Appendix A.
Model shows plots of the aggregate distribution, a comparison of lognormal and
shifted lognormal fits to the aggregate, the severity distribution and the
Model also shows mean, CV and skewness for the frequency, severity and
aggregate distributions, as well as the shifted-lognormal parameters for the
Try a small claim count to see and interesting, discontinuous aggregate. Why is