Actuarial Outpost SOA Sample Question #207
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#1
06-17-2018, 03:37 AM
 Mitsu96 Member Non-Actuary Join Date: Jan 2017 Location: Pennsylvania Posts: 50
SOA Sample Question #207

Hello,

I am slightly confused with this question. The answer to this question are choices iii) and iv). While, I agree with these two choices, I also believe that choice ii) should be correct. However, it isn't. Can anyone explain to why choice ii) is not the same as F intersection G.

Thank you for all your help!

#2
06-17-2018, 07:19 AM
 daaaave David Revelle Join Date: Feb 2006 Posts: 3,012

ii) includes the case of 0 accidents in year 1 and 2 or more in year 2, and that is not in F
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#3
06-18-2018, 04:11 AM
 Mitsu96 Member Non-Actuary Join Date: Jan 2017 Location: Pennsylvania Posts: 50

Oh...so does the "two-year period" refers only to the accidents that occurred in year 2, and not in year 1?
#4
06-18-2018, 04:52 AM
 Marcie Member CAS Join Date: Feb 2015 Posts: 9,576

Quote:
 Originally Posted by Mitsu96 Oh...so does the "two-year period" refers only to the accidents that occurred in year 2, and not in year 1?
No, it refers to the accidents that occurred in the two year period (year 1 and year 2).
#5
06-21-2018, 12:23 PM
 Colymbosathon ecplecticos Member Join Date: Dec 2003 Posts: 6,023

"Year 2" <> "two year"
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