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Credibility Theory - C-21-01 Study Note
more than 550 claims? The stan- dard deviation is S 500 = 22:36. So 550 claims corresponds to about 50=22:36 ... than 550 claims is approximately 1©((550:5500)= S 500) = 1©(2:258) = 1 :9880 = 1:20%. PREPUBLICATION ...- Authors: Society of Actuaries
- Date: Jul 1998
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Modeling & Statistical Methods>Bayesian methods; Modeling & Statistical Methods>Estimation methods
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Modeling the Cost of Medical Care for the Elderly
(cost ratio) Retrospective analysis is provided in Table 1 on page 22. Reliable data on spending by age ... percent) and population (+1.2 per- cent) as shown in Table 2, the rise in the percent- age of health care costs ...- Authors: Thomas Getzen
- Date: Jan 2014
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Health Watch
- Topics: Long-term Care>Medical expenses; Modeling & Statistical Methods>Estimation methods