Re: Finger - Estimating PP by Layer
(no name) ( (no email) )
22 Jul 98 9:44:19
I myself sometimes get e.g. and i.e. mixed up. Remember that e.g. means "for
example" while i.e. means "that is." Finger has stated "...the log-normal
assumption applies to the individual claim sizes, that is, the claim count,"
but we all know that the individual claim size is not the same thing as the
claim count. We are assuming that the claim sizes - in dollars - are
lognormally distributed. The x axis is the claim size in dollars. The y axis
gives the number of claims in that fall in each claim size interval. I think
he is trying to say that the claim size is lognormally distributed in terms of
the claim count, or the number of claims that fall in each claim size
interval. He just needs to find himself another set of vowels besides i.e. and
e.g.; these don't work.
john.pedrick@ins.state.oh.us on 07/22/98 07:42:12 AM
To: studygroup9@lists.casact.org @ INTERNET
cc: (bcc: Gwendolyn L. Anderson)
Subject: Finger - Estimating PP by Layer
On page 38, beginning of the last paragraph, Finger writes, "The log-normal
assumption applies to the individual claim sizes (i.e., the claim count)."
Does anyone understand what he's saying? Maybe I'm just stuck in a
severity versus frequency state of mind, but I don't get the point of this
sentence.