Question: Please help with the attached question: The data in Table 5.11 give the aggregate claims for household damage insurance in six successive years by four
Please help with the attached question:


The data in Table 5.11 give the aggregate claims for household damage insurance in six successive years by four separate (regional) groups of policyholders. Assume that the claim amounts have been adjusted to remove any effect of inflation and that the unit of money is millions of dollars. Using empirical Bayes credibility Model 1, calculate estimates of the pure premiums for the coming year for each of the regions.
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