N_1 2. The number of claims follows the Poisson distribution withparameter A. A particular insured had three claims in the pastthree years. Use Bühlmann credibility to estimate the claimfrequency for this insured ifa) The value of A has pdf f(A) = 4X-5 , 1 > 1.b) A is uniformly distributed on (0, 1).

In this problem, we are given the past claim history of a particular insured, who has had three…

Answered: 2. The number of claims follows the…

Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter13: Probability And Calculus

Section13.3: Special Probability Density Functions

Problem 54E

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