Exam MAS-I Practice Question 101
Study guide: Exam MAS-I
An insurer refits its claim-frequency model as a Poisson GLM with a log link. Its deductible relativities were set in a separate study and are not to be re-estimated, so each record's offset carries both its exposure and its established deductible relativity. One record has 0.5 car-years of exposure and a $1,000 deductible, whose established relativity is 0.85.
Calculate the value of the offset for this record. Give your answer to four decimal places, e.g. -1.2345.
Answer this question and see the worked solution