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Claim amounts on a portfolio of insurance policies follow a Weibull distribution. The median claim amount is 1,000 and 90% of claims are less

Claim amounts on a portfolio of insurance policies follow a Weibull distribution. The median claim amount is 1,000 and 90% of claims are less than 5,000. Estimate the parameters of the Weibull distribution, using the method of moments. [4]

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