An equation of the perpendicular bisector of the line segment joining the two points A ( 1 , 4 ) and B ( 7 , − 2 ) .

Question

~ exp(10). A 3. Claim number per policy is modelled by Poisson(A) with A sample x of N = 100 policies presents an average = 4 claims per policy. (i) Compute an a priory estimate of numbers of claims per policy. [2 Marks] (ii) Determine the posterior distribution of A. Give your argument. [5 Marks] (iii) Compute an a posteriori estimate of numbers of claims per policy. [3 Marks]

Answer 1

Question

Chapter B, Problem 59E

To determine

To find: An equation of the perpendicular bisector of the line segment joining the two points A(1,4) and B(7,−2).

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~ exp(10). A 3. Claim number per policy is modelled by Poisson(A) with A sample x of N = 100 policies presents an average = 4 claims per policy. (i) Compute an a priory estimate of numbers of claims per policy. [2 Marks] (ii) Determine the posterior distribution of A. Give your argument. [5 Marks] (iii) Compute an a posteriori estimate of numbers of claims per policy. [3 Marks]

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