Question: 3. The table below is about a portfolio of auto insurance policies. Consider the distribution for the number of claims per policy. Which distribution

3. The table below is about a portfolio of auto insurance policies.

3. The table below is about a portfolio of auto insurance policies. Consider the distribution for the number of claims per policy. Which distribution from Poisson, Binomial and Negative binomial, do you suggest? Explain. Data on Auto Insurance No. of policies No. of claims per policy 9048 905 45 2. 4+

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