MAS 2 Formulas
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20 Terms
Expected Value of a Negative Binomial Distribution
Variance of a Negative Binomial Distribution
Frequency Full Credibility
Full Credibility Aggregate / Pure Premium
Severity Full Credibility
Partial Credibility
DR: Exponential and Gamma
DR: Weibull
DR: Inverse Exponential and Inverse Gamma
DR: Pareto
DR: Single Parameter Pareto
DR: Beta
Paired Poisson Gamma for credibility
Expected Value of Beta Distribution
Variance of Beta Distribution
Paired Binomial Beta for credibility
What type of covariance matrix is this?
First Order Auto Regressive (decaying entries)
What type of covariance matrix is this?
Compound Symmetric (non-diagonal entries are equal)
What type of covariance matrix is this?
Diagonal (non-diagonal entries are zero)
What matches for the Linear Mixed Model (LMM) and the Implied Marginal Model?
The fixed effects (does not apply for general Marginal Models)