Blue Sky Insurance Company insures a portfolio of 100 automobiles against physical damage. The...

Blue Sky Insurance Company insures a portfolio of 100 automobiles against physical damage. The annual number of claims follows a binomial distribution with m = 100. For the last 5 years, the number of claims in each year has been: Year 1: 5 Year 2: 4 Year 3: 4 Year 4:9 Year 5: 3 Two methods for estimating the variance in the annual claim count are: Method 1: Unbiased Sample Variance Method 2: Maximum Likelihood Estimation Use each method to calculate an estimate of the variance. What is the difference between the two estimates?