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Key: C
'''Key: C'''


The model of Actuary 1 is the null model and hence values from it are not needed. The
The model of Actuary 1 is the null model and hence values from it are not needed. The

Latest revision as of 01:46, 27 May 2023

Key: C

The model of Actuary 1 is the null model and hence values from it are not needed. The solution is

[[math]] F = \frac{(TSS-RSS)/1}{RSS/(n-2)} = \frac{490,000 − 250,000}{250,000/98} = 94.08. [[/math]]

Copyright 2023. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.