Actuarial Notes

CAS Exam MAS-II Fall 2018, Question 9

Study guide: Exam MAS-II

While fitting a Linear Mixed Model, problems arose with the estimation of the covariance parameters. The following alternative approaches for the estimation of the covariance parameters were analyzed:

  • I. Fit the implied marginal model.
  • II. Fit the marginal model with an unstructured covariance matrix.
  • III. Choose alternative starting values for covariance parameter estimates.

Determine which of the alternative approaches above are appropriate for the estimation of the covariance parameters.

  • A) None are appropriate
  • 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)

Answer this question and see the worked solution

Concepts tested

More questions from this set