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Question #3. Key: B. The kernel is a triangle with a base of 4 and a height at the middle of 0.5 (so the area is. 1). The length of the base is twice the ...
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(ii). A random sample of size five produced three losses with values 3, 6 and 14, and two losses exceeding 25. Calculate the maximum likelihood estimate of α .
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This set of sample questions includes those published on the probability topic for use with previous versions of this examination. Questions from previous ...
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The SOA provides copies of prior exams and model solutions as an aid for candidate study. Candidates should be aware that exam syllabi are constantly ...
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The mean is the Bayesian credibility estimate of q and 8 times that value is the estimate of the expected number of claims in year 2. Then, with x1 = 2,. 2.
You are given the following about 100 insurance policies in a study of time to policy surrender: (i). The study was designed in such a way that for every ...
This set of sample questions includes those published on the interest theory topic for use with ... Solution: C. Duration is the negative derivative ... 2 3 1 2 ...
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