Actuarial Notes

CAS Exam MAS-II Fall 2018, Question 22

Study guide: Exam MAS-II

You are given the following information:

Model WAIC Effective Number of Parameters (p_{WAIC})
M1 681.8 2.1
M2 682.4 3.0
M3 688.1 1.1

Calculate the Akaike weight for Model M2.

  • A) Less than 0.25
  • B) Greater than 0.25 but less than or equal to 0.35
  • C) Greater than 0.35 but less than or equal to 0.45
  • D) Greater than 0.45 but less than or equal to 0.55
  • E) Greater than 0.55

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