megasoft
11-02-2002, 08:58 AM
I do not want to gather specific questions (hehe, the whole paper may already be compiled). I just want to gather the materials that were test in the last exam.
I heard that
Modified De-movire,
Ruin formulas
Rejection Method
were test. Any more??
I want to contribute a question similar to one in May exam:
When an individual is admitted to the hospital, the hospital charges have the following information:
(1)
Room / Mean / s.d.
Room / 1000 / 500
Other / 500 / 300
(2) covariance between an individual's room charges and other charges is 100,000
An insurer issues a policy that reimburses 100% for room charge and 80% for other charge, The # of hospital admissions has a poisson dist. with parameter 4.
Determine the variance of the insurer's payout for the policy.
Answer:9,700,000
I heard that
Modified De-movire,
Ruin formulas
Rejection Method
were test. Any more??
I want to contribute a question similar to one in May exam:
When an individual is admitted to the hospital, the hospital charges have the following information:
(1)
Room / Mean / s.d.
Room / 1000 / 500
Other / 500 / 300
(2) covariance between an individual's room charges and other charges is 100,000
An insurer issues a policy that reimburses 100% for room charge and 80% for other charge, The # of hospital admissions has a poisson dist. with parameter 4.
Determine the variance of the insurer's payout for the policy.
Answer:9,700,000