SOA Exam SRM Sample Question 52
Study guide: Exam SRM
Determine which of the following statements is/are true about Pearson residuals.
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I. They can be used to calculate a goodness-of-fit statistic.
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II. They can be used to detect if additional variables of interest can be used to improve the model specification.
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III. They can be used to identify unusual observations.
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A) I only
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B) II only
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C) III only
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D) I, II, and III
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E) The correct answer is not given by (A), (B), (C), or (D).
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