Actuarial Notes

CAS Exam 5 Spring 2018, Question 10

Study guide: Exam 5

A company is considering whether to use vehicle color as a private passenger auto rating variable for bodily injury coverage.

Part a (1 point)

Evaluate the use of vehicle color as a rating variable using two operational criteria.

Part b (1 point)

Evaluate the use of vehicle color as a rating variable using two social criteria.

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Concepts tested

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