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Problem 5. Six hundred losses are observed. Seven of the losses are: 1900, 1800 2800, 3200, 3400, 3700, 3900]. All that is known about the

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Problem 5. Six hundred losses are observed. Seven of the losses are: 1900, 1800 2800, 3200, 3400, 3700, 3900]. All that is known about the other 593 losses is that they exceed 3,900. Determine the maximum likelihood estimate of the mean of an exponential model

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