On the Usefulness of the Logarithmic Skew Normal Distribution for Describing Claims Size Data

Table 1

Descriptive statistics of the dependent variable.

Data	Mean	Stand. dev.	Minimum	Maximum
Danish	56.339	534.161	1.00	14239
Norwegian	2217.21	7759.97	500.000	465365
Hospital cost (in log scale)	7.94537	0.75167	6.10504	9.64179