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Old 06-25-2009, 06:12 PM
it's_not_me_it's_u it's_not_me_it's_u is offline
 
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Default New FA Task 6 help please

Can someone help me please my FA is due tomorrow.

Did anyone calculate the actual to expected ratios for the age and breed factors to justify changing the assumptions? My original thought was to assign full credibility to the emerging experience because the population size is so large, but if i test the ratios they are pretty close to 1 so we dont really need to change the assumptions. Now I'm not sure what to do.

I'm thinking they mentioned the ratios in part d to give us a hint that that's how we should approach a to c.
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Old 06-26-2009, 09:50 AM
ActuaryChick ActuaryChick is offline
 
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Default RE: New FA Task 6 help please

I don't know how close you are to your submission time, but here's a thought.

My interpretation of the question is that the experience is credible but that the chosen orig assumptions may not be.
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Old 06-26-2009, 11:45 PM
it's_not_me_it's_u it's_not_me_it's_u is offline
 
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Thanks for the reply i ended up going with the experience being more credible than the assumptions and using the ratios to back it up.
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Old 07-18-2009, 08:21 PM
minniezhang minniezhang is offline
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Quote:
Originally Posted by it's_not_me_it's_u View Post
Can someone help me please my FA is due tomorrow.

Did anyone calculate the actual to expected ratios for the age and breed factors to justify changing the assumptions? My original thought was to assign full credibility to the emerging experience because the population size is so large, but if i test the ratios they are pretty close to 1 so we dont really need to change the assumptions. Now I'm not sure what to do.

I'm thinking they mentioned the ratios in part d to give us a hint that that's how we should approach a to c.
my ratios are far from 1.
Is the reason of stochastic numbers?
but I initialized many times, this page's unchanged.

Last edited by minniezhang; 07-18-2009 at 08:44 PM..
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