You are given the following number of exposures and claims for 5 years: Year Number of Exposures Number Claims 2001 180 5 2002 200 6. 2003 195 8. 2004 205 4 2005 220 7 For each exposure, number of claims follows a Poisson distribution with the same parameter. Estimate the parameter using maximum likelihood estimation method. Calculate the Chi-square statistic.

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You are given the following number of exposures and claims for 5 years:
|Year Number of Exposures Number of Claims
2001 180
5
2002 200
6.
2003 195
8.
2004 205
2005 220
7
For each exposure, number of claims follows a Poisson distribution with the same parameter. Estimate the
parameter using maximum likelihood estimation method. Calculate the Chi-square statistic.
Transcribed Image Text:You are given the following number of exposures and claims for 5 years: |Year Number of Exposures Number of Claims 2001 180 5 2002 200 6. 2003 195 8. 2004 205 2005 220 7 For each exposure, number of claims follows a Poisson distribution with the same parameter. Estimate the parameter using maximum likelihood estimation method. Calculate the Chi-square statistic.
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