CAS Exam MAS-II Fall 2019, Question 25
Study guide: Exam MAS-II
A book of 122 commercial policies are observed for one year. The observed claim counts distribution is shown below:
| Claim count | Policies |
|---|---|
| 0 | 45 |
| 1 | 32 |
| 2 | 27 |
| 3 | 10 |
| 4 | 7 |
| 5 | 1 |
Calculate the log-cumulative-odds of 3 claims.
- A) Less than -2.0
- B) Greater than or equal to -2.0 but less than 0.0
- C) Greater than or equal to 0.0 but less than 2.0
- D) Greater than or equal to 2.0 but less than 4.0
- E) Greater than or equal to 4.0
Answer this question and see the worked solution