Let X = the number of adult police contacts for a randomly selected individual who previously had
Question:
a. Is it plausible that the population distribution of number of contacts is Poisson? Carry out a chisquared test.
b. The cited article did not even entertain the possibility of a Poisson distribution. Instead several other models were proposed. One of these is based on the idea that each individual's number of contacts has a Poisson distribution whose mean value m is itself a random variable having a gamma distribution. This reasoning leads to a generalized negative binomial distribution having two parameters, which must then be estimated from the data. After doing so, the article reported the following estimated probabilities corresponding to the foregoing x values: .6099, .1657, .0838, .0489, .0305, .0197, .0130, .0088, .0060, .0041, .0029, .0020, .0014, .0010, .0007, and .0005. Test the plausibility of this model at significance level .05 by combining all x values exceeding 11 into a single category (this was done in the cited article, which included a P-value).
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Step by Step Answer:
Probability And Statistics For Engineering And The Sciences
ISBN: 9781305251809
9th Edition
Authors: Jay L. Devore