8You are given:(i)Losses on an insurance coverage follow a lognormal distribution with parameters μ = θ and σ = 2.(ii) θ varies by policy holder in accordance with a normal distribution with mean 5...

8 You are given: (i)Losses on an insurance coverage follow a lognormal distribution with parameters μ = θ and σ = 2. (ii) θ varies by policy holder in accordance with a normal distribution with mean 5 and variance 3. (iii) A policyholder submits 20 claims for losses. The average size of the claims is 10,000. Calculate the Buhlmann prediction of the size of the next loss for this policyholder