The aggregate amount of claims, S, in a group insurance policy has a Compound Poisson distribution with parameter A= 20, Individual claims, X, follow a Pareto distribution with mean 2*10^3 and variance 8*10^6. k of Translated Gamma equals

Q: The number X of insect larvæfound on a cm² on a petri plate is assumed to follow a Poisson…

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Q: If OLS estimators satisfy asymptotic normality, it implies that: Select one: O a. they are…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: At a large company, users log on to the computer network according to a Poisson process, with a mean…

A:

Q: The number of industrial injuries per working week in a particular factory is known to follow a…

A: Given that  Mean =λ=0.5 X~Poisson (λ) Where λ is a parameter.

Q: A sample of size 50 from a unimodal( one mode), distribution that is skewed to the right has…

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Q: It is appropriate to use A Normal approximation for a Binomial distribution with n3D20 and p3D0.4.

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Q: Suppose the number X of tornadoes observed in a particular region during a one-year period has a…

A: Random variable: A random variable X is a real number that describes the outcome of the random…

Q: The number of traffic accidents per week in a small city has a Poisson distribution with mean equal…

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Q: Assume that Y denotes the number of bacteria per cubic centimeter in a particular liquid and that Y…

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Q: Critical Value(s) =

A: The claim is that the values of houses has increases from the last year.For testing the claim, here…

Q: A sample of size 59 is take from a binomial distribution with parameters 59 and 0.38. The sample…

A: Let X follows Binomial(n = 59, p = 0.38)

Q: Suppose the sediment density (g/cm) of a randomly selected specimen from a certain region is…

A: Given data,μ=2.62σ=0.91If n=25P(2.62<X<3)=?

Q: Suppose X is normally distributed with mean 3 and standard deviation 50. What is the destribution of…

A: The sample mean ,X, from a group of observations is an estimate of the population mean μ. Given a…

Q: A laboratory claims that the mean sodium level, u, of a healthy adult is 141 mEq per liter of blood.…

A: From the given information, Sample size n =48 Sample mean, x̅=136 Population standard deviation, σ…

Q: The local one-person barber shop can accommodate a maximum of 5 people at a time (4 waiting and 1…

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Q: A sample of manufactured items will be selected from a large population in which 8 percent of the…

A: Solution: The sampling distribution of the sample proportion to be assumed approximately normal when…

Q: Assume that Y denotes the number of bacteria per cubic centimeter in a particular liquid a that Y…

A: Hello! As you have posted 2 different questions, we are answering the first question (3.3). In case…

Q: Today, the waves are crashing onto the beach every 5.8 seconds. The times from when a person arrives…

A: From the given information, the random variable X as he times from when a person arrives at the…

Q: The number of customers arriving at a teller’s window at Commercial Bank is Poisson distributed with…

A: Since, the average arrival is 2 persons per minute. Then, the average arrival in 2 minutes is 4…

Q: On average, Nancy has noticed that 18 trucks pass by her apartment daily (24 hours). In order to…

A: Obtain the average number of trucks per 6 hours. The average number of trucks per 6 hours is…

Q: The typical life of a specific kind of tiny motor is ten years, with a standard variation of two…

A: Let X denote the life span of a motor and it follows normal distribution with mean μ=10, and…

Q: Our random variable X has a beta distribution with a = 7 and B = 3. %3D What is the variance of the…

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Q: Find the probability of failure free performance of roller bearings over a period of 104 h, if the…

A: Given α=10^7β=1.5

Q: A study shows in a certain school that the average number of hours a student answers his/her module…

A: GivenMean(μ)=26.8standard deviation(σ)=5.57No.of students = 2780

Q: Extensive experience with fans of a certain type used in diesel engines has suggested that the…

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Q: Suppose x has a distribution with a mean of 90 and a standard deviation of 12. Random samples of…

A: The sample size is 64 which is sufficiently large (greater than 30) indicating that the sampling…

Q: An article suggests the uniform distribution on the interval (6.5, 21) as a model for depth (cm) of…

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Q: For the hierarchical model YA Poisson (A) and A~ gamma(a, 3) find the marginal distribution, mean,…

A: As per bartleby guidelines we can solve only first question and rest can be reposted

Q: You are processing deliveries out of a warehouse using a drone delivery service. Assume that the…

A: From the given information, let us define the random variable X as the number of orders follows…

Q: A real estate agent believes that the values of houses in the neighborhood she works in have…

A: Hypothesis:Hypothesis is an assumption about the parameter of the population which will be made on…

Q: The number of accidents in a year attributed to taxi drivers in a city follows Poisson distribution…

A:

Q: The distance between major cracks in a high way follows an Exponential distribution with a mean of…

A: λ=0.2/mile    = 0.2*10/10 miles     = 2/ 10 miles

Q: Given that the vaue of a ægment of a roadway is 720 veh/hr where arrival of vehicles is a poisson…

A: Given that: no of vachiles on roadway = 720/hr  A) calculate no of headway in 5sec ?  Total vachiles…

Q: Which discrete distribution has a difference between their means and variances equal to zero?

A: Here identifying distribution in which mean and variance are equal

Q: The inside diameter of a randomly selected metal ring is a random variable with mean value 50 mm and…

A: Given ,mean (μ) =50standard deviation(σ)=2.4sample size(n) =16

Q: A poll of 2,017 randomly selected adults showed that 92% of them own cell phones. The technology…

A: State the hypotheses. That is, there is no evidence to conclude that the true proportion of adults…

Q: On average, Nancy has noticed that 23 trucks pass by her apartment daily (24 hours). In order to…

A:

Q: Assume that the data has a normal distribution and the number of observations is greater than fifty.…

A: It is given that the level of the significance is 0.09.

Q: A mixture of pulverized fuel ash and Portland cement to be used for grouting should have a…

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Q: Based on a random sample of 25 units of product X, the average weight is 102 Ibs..., and the sample…

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Q: The reaction time to a certain psychological experiment is considered to be normally distributed…

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Q: The capacitances of certain electronic components have a normal distribution with a mean p = 175 and…

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Q: Suppose that you have molecular type with unknown atomic mass 0. You have an atomic scale with…

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Q: The number of oil tankers arriving at a port between successive high tides has a Poisson…

A: let X be an r.v which indicate the number of oil tanker arriving at the port between successive high…

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.