An insurance company has a policy which insures a house against fire. The records ofone particular period of 30 days yielded the following results.C.Number of claims12345 or moreNo of days81141i.Fit a Poisson distribution to this data.ii. Calculate the expected frequencies for this Poisson distribution.

Given: X f 0 8 1 11 2 6 3 4 4 1 5 0 Total 30

Answered: An insurance company has a policy which…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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(c) The problem of illegal parking in front of a busy shopping center has been monitored by the building management. The frequency distribution of the number of violation tickets issued per day (from Monday to Friday during business hour) is as follows. Determine whether the Poisson distribution provides a good fit to the data at a confident level of 95% or not. Number of violation tickets Number of days 1 1 11 2 19 3 23 4 14 5 10 6. 4 7 2 >=8
Find the Median for the following data series. Class Interval Frequency 0-10 28 10-20 36 20-30 20 30-40 28 40-50
. The share prices of a company in Mumbai and Kolkata markets during the last 10 months are recorded below: Month Mumbai Kolkata January 105 108 February 120 117 March 115 120 April 118 130 May 130 100 June 127 125 July 109 125 August 110 120 September 104 110 October 112 135 Determine the arithmetic mean and standard deviation of prices of shares. In which market are the share prices more stable?
Check all that apply to Interval Scale of Measurement Equal units / intervals Most information out of all scales of measurement. Has absolute zero Is very common in daily life. Has a sense of greater and less Has a relative zero.
Answer;X 2= 7.23 , H0 is not rejected
For table 3, determine the following point estimates: 1. The mathematical expectation. 2. The variance. 3. The root mean square deviation 4. Correlation coefficient between X and Z
The grade-point average of 20 BS Psychology seniors selected at random from the graduating class are as follows: 3.2 1.9 2.7 2.4 2.8 2.9 3.8 3.0 2.5 3.3 1.8 2.5 3.7 2.8 2.0 3.2 2.3 2.1 2.5 1.9 If you are asked to construct a frequency distribution for the given data, what would be the possible number of class intervals? CHOICES: A. 4 to 5 B. 4 C. 5 to 6 D. 6 to 7
Fit a Poisson distribution to the following set of data : No. of Death: 1 4 Frequency: 142 156 69 27 1
The grade-point average of 20 BS Psychology seniors selected at random from the graduating class are as follows: 3.2 1.9 2.7 2.4 2.8 2.9 3.8 3.0 2.5 3.3 1.8 2.5 3.7 2.8 2.0 3.2 2.3 2.1 2.5 1.9 If you are asked to construct a frequency distribution for the given data, what would be the possible number of class intervals? CHOICES: 6 to 7 4 4 to 5 5 to 6
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