Actuarial Notes

CAS Exam MAS-I Spring 2018, Question 29

Study guide: Exam MAS-I

You are given the following statements relating to deviance of GLMs:

  • I. Deviance can be used to assess the quality of fit for nested models.
  • II. A small deviance indicates a poor fit for a model.
  • III. A saturated model has a deviance of zero.

Determine which of the above statements are true.

  • A) None are true
  • B) I and II only
  • C) I and III only
  • D) II and III only
  • E) The answer is not given by (A), (B), (C), or (D)

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