Reasons to select MfAD(clms) higher than 20% (3)
Can someone help me to explain what does this point means?
"if a stochastic analysis indicates variability not identified using a deterministic analysis"
Thanks!
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Can someone help me to explain what does this point means?
"if a stochastic analysis indicates variability not identified using a deterministic analysis"
Thanks!
Comments
It's when you do stochastic reserving (i.e. ODP bootstrap, MCMC models, etc) and find that your coefficient of variation is very high