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Old 08-17-2018, 03:51 PM
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Jim Daniel Jim Daniel is offline
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Join Date: Jan 2002
Location: Davis, CA
College: Wabash College B.A. 1962, Stanford Ph.D. 1965
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Quote:
Originally Posted by rse41 View Post
I was working on 17.2 in ASM STAM manual, and I found that the expected value of the limited distribution formula provided on the SOAs exam tables (A.5.1.4) gets me the wrong answer. If I use first principles to solve for what I think the expected value of the limited distribution (assuming k=1), I get that the second term should have an alpha in the numerator - this is consistent with the solution to 17.2.

Is the formula for the expected value of the limited distribution under A.5.1.4 of the exam tables wrong?
No.
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