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#1




SOA #21
Hello,
Can someone tell me the following: 1. Can this problem be worked using Negative Binomial as the distribution? Thank you!
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EXAMS: VEE: FAP: Last edited by RockOn; 05312018 at 07:28 PM.. 
#3




Quote:
Since Bayes produces the same answer for this problem, you can do it by Bayes. If you insist on using the predictive distribution to get the Bayes estimatewhich is easily avoidedthen that is Negative Binomial. So you _can_ involve the Negative Binomial, but it isn't at all necessary.
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Jim Daniel Jim Daniel's Actuarial Seminars www.actuarialseminars.com jimdaniel@actuarialseminars.com 
#4




Prof. Daniel,
Thank you! I think this is beginning to make sense.
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EXAMS: VEE: FAP: 
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