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The graph of the density function for losses is:
The graph of the density function for losses is:


[[File:examfams202317.png]]
<div class ="text-center">
[[File:examfams202317.png | 500px]]
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Calculate the loss elimination ratio for an ordinary deductible of 20.
Calculate the loss elimination ratio for an ordinary deductible of 20.

Latest revision as of 23:46, 15 May 2023

The graph of the density function for losses is:

Calculate the loss elimination ratio for an ordinary deductible of 20.

  • 0.20
  • 0.24
  • 0.28
  • 0.32
  • 0.36

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