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A self-consistent numerical approach is demonstrated to analyze intensity and phase noise from experimentally extracted parameters for a continuous-wave distributed feedback (DFB) laser. The approach takes into account the intrinsic fluctuations of the photon number, carrier number, and phase. Values for the parameters appearing in the rate equations are extracted from the measured relative intensity noise spectra and linewidth of the laser. The simulation of the frequency spectra of intensity and phase noise of the DFB laser are performed by fast Fourier transform and exhibit good agreement with experimental results. The model presented here can readily be extended for the purpose of system simulations