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Paid claim amounts follow a normal distribution with PDF f(x) = 11-exp(-(x-1)). 18 One claim amount, x, is used to test a set of
Paid claim amounts follow a normal distribution with PDF f(x) = 11-exp(-(x-1)). 18 One claim amount, x, is used to test a set of hypotheses regarding . This test is most powerful when the rejection region is derived from Determine the rejection region of the most powerful test. A x 7.5+9 In[r] * 15+ 18 In[r] cx 7.5-9 In[r] Dx(x-15)-56.5 +9 In[r] x(x-15)-56.5-9 In[r] L(8) L(7)
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