6. For each exposure in a group, the hypothetical mean of aggregate losses is 0 andprocess variance is e0.30, e varies by group and its probability distribution isexponential with mean 3. You are given the following data:YearExposuresAggregate losses1207023253090110There will be 35 exposures in the group next year. Calculate the Bühlmann-straubcredibility premium for the group.

Answered: Image /qna-images/answer/12e117e6-cf27-4465-993a-ff9892107c52.jpg

Answered: 6. For each exposure in a group, the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Listed below are time intervals (min) between eruptions of a geyser. The "recent" times are within the past few years, and the "past" times are from 1995. Does it appear that the variation of the times between eruptions has changed? Use a 0.05 significance level. Assume that the two populations are normally distributed.
13. According to a recent random sample of 31 Canadian Football League players, the mean age was approximnately 27.71 years with a variance of 2.59. Lonnie Lobowsky of the Yukon Argonauts has an age with Z-score equivalent to 2.21. Determine his age. A. 31 B. 37 C. 33 D. 35 E. 28 -
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A stock analyst wondered whether the mean rate of return of financial, energy and utility stocks differed over the past 5 years. He obtained a simple random sample of eight companies from each of the three sectors and obtained the 5-year rates of return shown in the following table (in percents): Financial Energy Utilities 10.76 12.72 11.88 15.05 13.91 5.86 17.01 6.43 13.46 5.07 11.19 9.90 19.50 18.79 3.95 8.16 20.73 3.44 10.38 9.60 7.11 6.75 17.40 15.70 Source: Morningstar.com Required: (a) State the null and alternative hypothesis. (b) Are the mean rates of return different at the alpha = 0.05 level of significance? Please explain your answer, citing numeric and other evidence in support of your response.
*Question Six* The management of a supermarket wants to adopt a new promotional policy of giving free gift to every customer who spends more than a certain amount per visit at this supermarket. The expectation of the management is that after this promotional policy is advertised, the expenditure for all customers at this supermarket will be normally distributed with mean 400 £ and a variance of 900 £2. What is the probability that the expenditure of the first customer exceeds the expenditure of the second customer by at least 20 £?
The following table shows the distribution of scores on a final elementary statistics examination for a large section of students. 0.12 The cumulative relative frequency for the class 60-70 (i.e. what percentage of students scored 70 or lower) is 0.06 0.57 Classes for Exam Scores 90 and over 80-90 70 - 80 60-70 50 - 60 40 - 50 Under 40 0.43 Number of Students 5 12 40 18 13 6 6
4. As fallen trees lie on the forest floor they slowly decay. Will the amount of light present have an impact on the rate of decay? In the following table x is a random variable representing the remaining percentage of total mass of a log after it was exposed to the elements for three weeks while y represents the numbers of hours of direct sunlight the log received each day. X 0.60 .70 .65 .82 .87 y 1.0 2.3 3.0 4.0 4.5 (a) Plot a scatter diagram of the data. Remember to label your axes appropriately and choose a consistent scale. (b) Based on a scatter diagram, would you estimate the correlation coefficient to be positive, close to zero, or negative? Please circle one of the following choices: A. Positive B. Close to zero C. Negative (c) Interpret your results from parts (a) and (b). 16 tv
The population mean will always be the same as the mean of all possible that can be computed from samples of size 27. True O False
Suppose that we have disjoint normal populations A and B with equal population variances. Suppose we plan a sample of size 4 from from population A and a sample of size 9 from population B which we will pool to form the pooled variance. If you know the population variances are both in fact equal to 6, what is the probability that the pooled variance of the two samples will turn out to be less than 8 given your information? .8 .2 .82 .18 NONE OF THE OTHERS
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Give the statistical meaning of the relationship between the spending hours on using mobile andreading books per day.

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