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You fit a two parameter pareto distribution to a sample of 100 claims amounts X₁, X2, ..., X100 and use the likelihood ratio test to test the hypothesis. Ho: 0= 9,α = 3 H₁:0 = 9,a # 3 You are given that Eln(9 + x) = 262. Determine the result of the test at 10% of level of significance.

You fit a two parameter pareto distribution to a sample of 100 claims amounts X₁, X2, ..., X100 and use the likelihood ratio test to test the hypothesis. Ho: 0= 9,α = 3 H₁:0 = 9,a # 3 You are given that Eln(9 + x) = 262. Determine the result of the test at 10% of level of significance.

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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You fit a two parameter pareto distribution to a sample of 100 claims amounts X₁, X2, ..., X100 and use the likelihood ratio test to test the hypothesis. Ho: 0 = 9,α = 3 H₁:0 = 9,a # 3 You are given that Eln(9 + x) = 262. Determine the result of the test at 10% of level of significance.
Transcribed Image Text:You fit a two parameter pareto distribution to a sample of 100 claims amounts X₁, X2, ..., X100 and use the likelihood ratio test to test the hypothesis. Ho: 0 = 9,α = 3 H₁:0 = 9,a # 3 You are given that Eln(9 + x) = 262. Determine the result of the test at 10% of level of significance.
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