S490C F07 Quiz 6

S490C F07 Quiz 6 - individual data If the parameters of the...

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STAT 490C Quiz 6 November 29, 2007 1. You are given the following 20 claims: X: 10, 40, 60, 65, 75, 80, 120, 150, 170, 190, 230, 340, 430, 440, 980, 600, 675, 950, 1250, 1700 The data is being modeled using an exponential distribution with θ = 427.5. Calculate D(200).
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2. You are given the following 20 claims: X: 10, 40, 60, 65, 75, 80, 120, 150, 170, 190, 230, 340, 430, 440, 980, 600, 675, 950, 1250, 1700 The data is being modeled using an exponential distribution with θ = 427.5. You are developing a p-p plot for this data. What are the coordinates for x 7 = 120.
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3. Mark the following statements True or False with regard to the Kolmogorov- Smirnov test: The Kolmogorov-Smirnov test may be used on grouped data as well as
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Unformatted text preview: individual data. If the parameters of the distribution being tested are estimated, the critical values do not need to be adjusted. If the upper limit is less than ∞, the critical values need to be larger. 4. You are given the following data: Claim Range Count 0-100 30 100-200 25 200-500 20 500-1000 15 1000+ 10 H : The data is from a Pareto distribution. H 1 : The data is not from a Pareto distribution. Your boss has estimated the parameters with α = 4 and θ = 1200. Calculate the chi-square test statistic. Calculate the critical value at a 10% significance level. State whether you would reject the Pareto at a 10% significance level....
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S490C F07 Quiz 6 - individual data If the parameters of the...

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