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Error bounds for the compound Poisson approximation. (English) Zbl 0541.62097
Summary: Explicit error bounds in terms of probabilities and stop-loss premiums are given for two kinds of compound Poisson approximations: the first concerns the difference between the individual and the collective model; the second is about the difference of the compound negative binomial and the compound Poisson distribution.

MSC:
62P05 Applications of statistics to actuarial sciences and financial mathematics
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