exercise:9697472188: Difference between revisions

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Determine the mean <math>\theta</math>.
Determine which interval contains the mean <math>\theta</math>.


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Latest revision as of 01:32, 5 July 2024

Losses are assumed to have an exponential distribution with unknown mean [math]\theta[/math]. Ten policies have a deductible of $500 and the total number of non-zero payments for the ten policies has the moment generating function

[[math]] (0.2 + 0.8e^t)^{10} [[/math]]

Determine which interval contains the mean [math]\theta[/math].

  • [100, 150]
  • [300, 320]
  • [475, 525]
  • [1750, 2000]
  • [2200, 2400]