Actuarial Notes

CAS Exam MAS-I Spring 2019, Question 41

Study guide: Exam MAS-II

The time series below shows study manuals sold by month by company XYZ:

t Month Year Study Manuals Sold
1 Jan 2016 52
2 Feb 2016 18
3 Mar 2016 16
4 Apr 2016 14
5 May 2016 16
6 Jun 2016 16
7 Jul 2016 18
8 Aug 2016 50
9 Sep 2016 20
10 Oct 2016 16
11 Nov 2016 18
12 Dec 2016 20
13 Jan 2017 60
14 Feb 2017 22
15 Mar 2017 17
16 Apr 2017 19
17 May 2017 21
18 Jun 2017 23
19 Jul 2017 25
20 Aug 2017 60
21 Sep 2017 28
22 Oct 2017 22
23 Nov 2017 24
24 Dec 2017 28

Calculate the monthly additive effect at time t = 13 using the centering approach.

  • A) Less than 25
  • B) At least 25, but less than 30
  • C) At least 30, but less than 35
  • D) At least 35, but less than 40
  • E) At least 40

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