Berquist/Sherman

Pyrrich@aol.com
Mon, 21 Sep 1998 00:12:44 EDT

This paper is awful in its explanation and documentation (referring to the
exhibits) as to each of the various methods. It is horrendously horrible.

Can anyone help me to understand how to do the first (of two) part of Problem
# 58 from the 1993 Part 7 Exam. Ostensibly the problem is solved using a
weighted average to adjust losses. For example, the losses as of 12 months
are supplanted by a weighted average of the losses at 12 and 24 months.

Sincerely,

This Paper Sucks