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  #4911  
Old Yesterday, 10:37 PM
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Originally Posted by act_123 View Post
It takes awhile. I actually think the cookbook's method is quicker. Instead of weighted the SLRs, just take the average mods and then once you have the five quintile average mods calculate the MLR and SLR.
Just dont quintile unless it says to. It isn't required to do the test
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  #4912  
Old Yesterday, 10:40 PM
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I mean. I would still quintile cause I want points but I'm sure you could appeal if they didn't give credit.
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  #4913  
Old Yesterday, 11:01 PM
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Have 1 question left on TIA 2 that I skipped. One hour left on exam. Gonna save it for tomorrow morning, gonna try and get some sleep.
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  #4914  
Old Yesterday, 11:11 PM
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Originally Posted by Tacoactuary View Post
Just dont quintile unless it says to. It isn't required to do the test
I thought efficiency and quintile essentially both group into quintile based on the new Fisher text.

The only difference is if you are comparing the sample variance of MLR/sample variance of SLR or just discussing the plan based on the loss ratio distribution for MLRs and SLRs.

Either way the bulk of the work is the same.
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  #4915  
Old Yesterday, 11:44 PM
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Originally Posted by act_123 View Post
I thought efficiency and quintile essentially both group into quintile based on the new Fisher text.

The only difference is if you are comparing the sample variance of MLR/sample variance of SLR or just discussing the plan based on the loss ratio distribution for MLRs and SLRs.

Either way the bulk of the work is the same.
Ya I guess based on the new text you would have to for credit.
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  #4916  
Old Today, 12:04 AM
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Do the graders give credit for stuff in the margins or above the part where it says Exam, Question, Candidate #? if I want to scribble something in that I forgot to note like an assumption or something
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