Actuarial Notes

CAS Exam MAS-I Sample Question 4

Study guide: Exam MAS-I

You are given the following models which contain regression splines:

Model Numbers of Spline Knots Degree of Regression Spline
A 6 4
B 5 5
C 8 2
D 10 3

Calculate the total number of the regression coefficients in the four models.

  • A) Less than 5
  • B) At least 15, but less than 25
  • C) At least 25, but less than 35
  • D) At least 35, but less than 45
  • E) At least 45

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