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You are given: (i) Low-hazard risks have an exponential claim size distribution with mean 0. (ii) Medium-hazard risks have an exponential claim size distribution with mean 20 . (iii) High-hazard risks have an exponential claim size distribution with mean 30. (iv) No claims from low-hazard risks are observed. (v) Three claims from medium-hazard risks are observed, of sizes 1, 2 and 3. (vi) One claim from a high-hazard risk is observed, of size 15. Determine the maximum likelihood estimate of 0. (A) 1 (В) 2 (C) (D) 4 (E) 3.

You are given: (i) Low-hazard risks have an exponential claim size distribution with mean 0. (ii) Medium-hazard risks have an exponential claim size distribution with mean 20 . (iii) High-hazard risks have an exponential claim size distribution with mean 30. (iv) No claims from low-hazard risks are observed. (v) Three claims from medium-hazard risks are observed, of sizes 1, 2 and 3. (vi) One claim from a high-hazard risk is observed, of size 15. Determine the maximum likelihood estimate of 0. (A) 1 (В) 2 (C) (D) 4 (E) 3.

MATLAB: An Introduction with Applications
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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H.W.2

(В) Discrete uniform (C) Poisson (D) Binomial (E) Either Poisson or Binomial You are given: (i) Low-hazard risks have an exponential claim size distribution with mean 0. (ii) Medium-hazard risks have an exponential claim size distribution with mean 20 . (iii) High-hazard risks have an exponential claim size distribution with mean 30 . (iv) No claims from low-hazard risks are observed. (v) Three claims from medium-hazard risks are observed, of sizes 1, 2 and 3. (vi) One claim from a high-hazard risk is observed, of size 15. Determine the maximum likelihood estimate of 0. (A) 1 (В) 2 (C) (D) 4 (E) You are given: (i) = pure premium calculated from partially credible data X partial (ii) µ = E[ %3D partial
Transcribed Image Text:(В) Discrete uniform (C) Poisson (D) Binomial (E) Either Poisson or Binomial You are given: (i) Low-hazard risks have an exponential claim size distribution with mean 0. (ii) Medium-hazard risks have an exponential claim size distribution with mean 20 . (iii) High-hazard risks have an exponential claim size distribution with mean 30 . (iv) No claims from low-hazard risks are observed. (v) Three claims from medium-hazard risks are observed, of sizes 1, 2 and 3. (vi) One claim from a high-hazard risk is observed, of size 15. Determine the maximum likelihood estimate of 0. (A) 1 (В) 2 (C) (D) 4 (E) You are given: (i) = pure premium calculated from partially credible data X partial (ii) µ = E[ %3D partial
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