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2 Chapter 2 solutions - Student Solutions Manual to Accompany Loss Models: From Data to Decisions, Fourth Edition [Book]

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CHAPTER 2 SOLUTIONS
2.1 SECTION 2.2

2.1
2.2 The requested plots follow. The triangular spike at zero in the density
function for Model 4 indicates the 0.7 of discrete probability at zero.

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2 Chapter 2 solutions - Student Solutions Manual to Accompany Loss Models: From Data to Decisions, Fourth Edition [Book]

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2 Chapter 2 solutions - Student Solutions Manual to Accompany Loss Models: From Data to Decisions, Fourth Edition [Book]

2.3 f(x) = 4(1 + x2)3 24x2(1 + x2)4. Setting the derivative equal to zero and
multiplying by (1 + x2)4 give the equation 4(1 + x2) 24x2 = 0. This is
equivalent to x2 = 1/5. The only positive solution is the mode of
.
2.4 The survival function can be recovered as
Taking logarithms ...

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2 Chapter 2 solutions - Student Solutions Manual to Accompany Loss Models: From Data to Decisions, Fourth Edition [Book]

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