loss-frequency-distribution
-
P1.T4.24.8 Monte Carlo simulations, loss frequency data issues, and scenario analysis
Learning Objectives: Explain how a loss distribution is derived from an appropriate loss frequency distribution and loss severity distribution using Monte Carlo simulations. Describe the common data issues that can introduce inaccuracies and biases in the estimation of loss frequency and...- Nicole Seaman
- Thread
- loss-frequency-distribution monte-carlo-simulation scenario-analysis severity-distribution
- Replies: 0
- Forum: FRM® Practice Questions