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
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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3.
![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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff4e25737-6b12-485c-9491-7a2002848ee0%2Fd8b2bab4-173f-42da-b69d-038eecaee3fc%2Flk2415o_processed.jpeg&w=3840&q=75)
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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