Okay, kiddo, let me explain what Panjer recursion means in a simple way. Imagine you have a bunch of toys, and you want to count how many different types of toys you have. You can count them one by one, but that takes a lot of time. So instead, you decide to group them by type.
For example, you put all the balls together, all the dolls together, and all the cars together. Then you count how many groups you have. This is a faster way to count the types of toys you have.
Now, the Panjer recursion is sort of like this. It's a way to group numbers according to how many times each number appears in a sequence. Instead of counting each number one by one, we group them together based on how often they occur.
Let's say we have a sequence of numbers: 2, 3, 2, 4, 1, 3, 2. We can group them based on how often they occur:
- There is one 1 in the sequence.
- There are three 2's in the sequence.
- There are two 3's in the sequence.
- There is one 4 in the sequence.
Now we can count the types of numbers we have based on these groups. We have 4 types of numbers: 1, 2, 3, and 4.
This is how Panjer recursion works. It's a way to group numbers in a sequence based on how many times each number appears, and then count the types of numbers we have. It's a faster way to do calculations in certain math problems.