Question
When we look at claimsâ trends, we look at a number
of factors. Some of these are listed below. Which factor is not to be considered from this list?Solution
When analyzing claims trends, factors such as inflation, technological advancements, and changes in legal and regulatory frameworks are crucial to consider. Exposures (the amount of risk insured) are a fundamental factor in understanding claim trends.
When two regression coefficients bear same algebraic signs, then correlation coefficient is:
For a monopoly firm, which of the following equalities is always true?
Mean and Standard deviation of 100 observation is 50 and 10 respectively. What will be the new mean and Standard deviation if each observation is multip...
In classical linear regression model if we add in 90 in X and Y observation and re-estimate the regression model then slope coefficient
Consider the following set of data:
{23.32 32.33 32.88 28.98 33.16 26.33 29.88 32.69 18.98 21.23 26.66 29.89}
For the following MA (3) process y t  = Ο  + Πt  + θ 1 Î t -1  + θ 2 Î t -2  + θ 3 Î t -3  , whereÂ Ď t  is a ze...
If the correlation between x and y is 0.6 covariance is 27, variance of y is 25, then what is the variance of x?
In which of the following market structure Quantity is maximum?
An event in the probability that will never be happened is called as -