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Question 6 You observed the following independent losses: 20, 30, 60, 80, 120, 150, 190, 230 You fit an exponential distribution to these losses, having PDF and CDF Suppose: f(2)=10-210, F(x)=1-e/0, 2>0 • ₁ is the estimate of 0 using percentile matching at the 40th percentile. ⚫ 2 is the estimate of using the maximum likelihood estimation. Determine 01 - 02 Less than 20 B At least 20, but less than 25 At least 25, but less than 30

Question 6 You observed the following independent losses: 20, 30, 60, 80, 120, 150, 190, 230 You fit an exponential distribution to these losses, having PDF and CDF Suppose: f(2)=10-210, F(x)=1-e/0, 2>0 • ₁ is the estimate of 0 using percentile matching at the 40th percentile. ⚫ 2 is the estimate of using the maximum likelihood estimation. Determine 01 - 02 Less than 20 B At least 20, but less than 25 At least 25, but less than 30

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 1E
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Question 6 You observed the following independent losses: 20, 30, 60, 80, 120, 150, 190, 230 You fit an exponential distribution to these losses, having PDF and CDF Suppose: f(2)=10-210, F(x)=1-e/0, x>0 • ₁ is the estimate of 0 using percentile matching at the 40th percentile. ⚫ 2 is the estimate of using the maximum likelihood estimation. Determine 01 - 02 Less than 20 B At least 20, but less than 25 At least 25, but less than 30 At least 30, but less than 35 E At least 35
Transcribed Image Text:Question 6 You observed the following independent losses: 20, 30, 60, 80, 120, 150, 190, 230 You fit an exponential distribution to these losses, having PDF and CDF Suppose: f(2)=10-210, F(x)=1-e/0, x>0 • ₁ is the estimate of 0 using percentile matching at the 40th percentile. ⚫ 2 is the estimate of using the maximum likelihood estimation. Determine 01 - 02 Less than 20 B At least 20, but less than 25 At least 25, but less than 30 At least 30, but less than 35 E At least 35
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