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SOFE Exam AFE Topic 4 Question 98 Discussion

Actual exam question for SOFE's AFE exam
Question #: 98
Topic #: 4
[All AFE Questions]

Average severities projection method uses various claim count and average cost per claim date on either a paid or insured basis.

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Suggested Answer: A

Contribute your Thoughts:

Farrah
3 days ago
I'm pretty sure I learned this in my actuarial classes. Better double-check, but I'm feeling confident about B.
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Maurine
5 days ago
This sounds like something I should definitely know for the exam. Let's see... Paid or insured basis? Hmm, I'll go with A.
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Blair
7 days ago
I disagree, I believe it's B) False.
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Arlean
11 days ago
I think the answer is A) True.
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