Category: IC47A-1 CASUALTY ACTUARIAL SCIENCE PART 1 – 13

Que. 1 : Q1) If : Exposure Units = 50,524 Claim Count = 565, and Scale Factor = 2,000; Then : find Frequency per ‘k’ Exposure Units?    1.  a) 15.65    2.  b) 18.65    3.  c) 22.36    4.  d) 26.35 Que. 2 : Q2) What is a measure of the accuracy of the classification system and this concept is important to the […]