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(VaR of Discrete Loss Distribution) Assume that the loss is characterized by the random variable L
(taking values from 0 to 10 ) with the following probability mass What is the 99.5%VaR ?

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VaR of Discrete Loss Distribution Assume that the loss is .pdf

  • 1. (VaR of Discrete Loss Distribution) Assume that the loss is characterized by the random variable L (taking values from 0 to 10 ) with the following probability mass What is the 99.5%VaR ?