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Student Solutions Manual to Accompany Loss Models: From Data to Decisions, Fourth Edition by Gordon E. Willmot, Harry H. Panjer, Stuart A. Klugman

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CHAPTER 16

CHAPTER 16 SOLUTIONS

16.1   SECTION 16.3

16.1 For Data Set B truncated at 50, the maximum likelihood parameter estimates are image and image, leading to the graph in Figure 16.1.

For Data Set B censored at 1,000, the estimates are image and image. The graph is in Figure 16.2.

For Data Set C, the parameter estimates are image and image. The plot is given in Figure 16.3.

16.2 For Data Set B truncated at 50, the plot is given in Figure 16.4. For Data Set B censored at 1,000, the plot is given in Figure 16.5.

16.3 The plot for Data Set B truncated at 50 is given in Figure 16.6. For Data Set B censored at 1,000, the plot is given in Figure 16.7.

image

Figure 16.1   Cdf plot for Data Set B truncated at 50.

image

Figure ...

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