2013.Spring Q18

jj96gotthisjj96gotthis
edited February 2021 in F-09-BornFerg

Hi,

Part D:

The reasoning part in the solution in the BattleQuiz for this question states that

  • reported CDFs are generally greater than paid CDFs
  • so reported BF gives more weight to the development method (versus the ECR method) than paid BF

Looking at the examiner's report, should it be %reported is generally greater than % paid (i.e reported CDFs are < paid CDFs since %reported = 1/reported CDF and %paid = 1/paid CDF)?

Part E:

The BattleQuiz states that the difference is

- development method uses an "a priori" ECR

It should be BF method that uses a-priori ECR right?

Thank you!

Comments

  • GrahamGraham

    Yes, that's correct. Thank you for pointing out these typos. I have uploaded the edits.

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