Question VI: Aggregate claims follow a lognormal distribution with parameters u = 7.5, o = 2. The full credibility standard is set according to the methods of limited fluctuation credibility so that...


Question VI:<br>Aggregate claims follow a lognormal distribution with parameters u = 7.5, o = 2.<br>The full credibility standard is set according to the methods of limited fluctuation credibility so that actual<br>aggregate claims are within 10% of expected aggregate claims 95% of the time.<br>Determine the number of exposures needed for full credibility.<br>

Extracted text: Question VI: Aggregate claims follow a lognormal distribution with parameters u = 7.5, o = 2. The full credibility standard is set according to the methods of limited fluctuation credibility so that actual aggregate claims are within 10% of expected aggregate claims 95% of the time. Determine the number of exposures needed for full credibility.

Jun 07, 2022
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