Abstract
The purpose of this paper is to derive an explicit formula for the first two moments of the Inverse Gaussian distribution, in the presence of censoring. For reasons of completeness we also consider truncation of the Inverse Gaussian distribution by an upper limit.
KEYWORDS Inverse Gaussian; Censoring; Truncation; Deductibles; Limits; Moments.
Volume
24:1
Page
319-323
Year
1994
Categories
Actuarial Applications and Methodologies
Ratemaking
Deductibles, Retentions, and Limits
Financial and Statistical Methods
Loss Distributions
Publications
ASTIN Bulletin
