Determine the Bühlmann credibility factor, Z, for the book of business. (A) 0.000 (B) 0.045 (C) 0.500 (D) 0.826 (E) 0.905 For a mortality study of insurance applicants in two countries, you are given:...


Determine the Bühlmann credibility factor, Z, for the book of business.<br>(A)<br>0.000<br>(B)<br>0.045<br>(C)<br>0.500<br>(D)<br>0.826<br>(E)<br>0.905<br>For a mortality study of insurance applicants in two countries, you are given:<br>(i)<br>Country A<br>d,<br>Y,<br>Country B<br>t,<br>Y,<br>1<br>20<br>200<br>0.05<br>15<br>100<br>0.10<br>2<br>54<br>180<br>0.10<br>20<br>85<br>0.10<br>3<br>14<br>126<br>0.15<br>20<br>65<br>0.10<br>4<br>22<br>112<br>0.20<br>10<br>45<br>0.10<br>Y, is the number at risk over the period (t-1,t,). Deaths during the period (t-1,t,) are<br>assumed to occur at t, .<br>(ii)<br>0, is the reference hazard rate over the period (t1,t,). Within a country, 0, is the<br>same for all study participants.<br>(iii)<br>(iv)<br>s' (t) is the Product-Limit estimate of S(t) based on the data for all study<br>participants.<br>(v)<br>s*(t) is the Product-Limit estimate of S(t) based on the data for study participants in<br>Country B.<br>Determine s

Extracted text: Determine the Bühlmann credibility factor, Z, for the book of business. (A) 0.000 (B) 0.045 (C) 0.500 (D) 0.826 (E) 0.905 For a mortality study of insurance applicants in two countries, you are given: (i) Country A d, Y, Country B t, Y, 1 20 200 0.05 15 100 0.10 2 54 180 0.10 20 85 0.10 3 14 126 0.15 20 65 0.10 4 22 112 0.20 10 45 0.10 Y, is the number at risk over the period (t-1,t,). Deaths during the period (t-1,t,) are assumed to occur at t, . (ii) 0, is the reference hazard rate over the period (t1,t,). Within a country, 0, is the same for all study participants. (iii) (iv) s' (t) is the Product-Limit estimate of S(t) based on the data for all study participants. (v) s*(t) is the Product-Limit estimate of S(t) based on the data for study participants in Country B. Determine s" (4)– Ss®(4) .

Jun 08, 2022
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