Random sums of Bernoulli random variables in modelling risk frequency reduction operations
Abstract
Risk frequency reduction operations play an extremely important role in treatment of risks.
The main purpose of the present paper is to establish new applications of random sums of
Bernulli random variables in modelling a wide class or risk frequency reduction operations of
particular practical importance.
The main purpose of the present paper is to establish new applications of random sums of
Bernulli random variables in modelling a wide class or risk frequency reduction operations of
particular practical importance.
Keywords
Random variables; Risk management; Distribution (Probability theory)