3. The following observed claim frequency data is collected over a period of 365 days bythe XJTLU insurance company:Number of Claims per Day Observed Number of Days0501221011234+920As a junior data analyst in this company, you are asked to complete the following taskby your manager:(a) Fit a Poisson distribution to the above data, using the method of maximumlikelihood.(b) Group the data by number of claims per day into four groups: 1 2 3 3 or moreApply the chi-square goodness-of-fit test to evaluate the null hypothesis that theclaims follow a Poisson distribution. Determine the result of the chi-square test.

Let X be the random variable for the number of claims per day. The frequency distribution of X is…

Answered: (a) Fit a Poisson distribution to 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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Please help me, it is Hypothesis Testing. Please provide solution...
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