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How is the solution showing Cov(X_t, X_t+20) = (t+20)*Sigma^2... I believe the solution should be (t-20)*sigma^2 as there are a finite number...
Hi, In this question when we are evaluating the degree of freedom we have just taken the count of age groups as the degree of freedom (df)....
Hi Mark, Please confirm... The twist is that the countries record the deaths basis age next birthday. In which case the exposed to risk is...
Hi Mark, Thanks for the suggestion. Have reworked on my grasp but this final question is still not falling through. 1. For Country A we have...
Hi wanted to know how has the risk free return been calculated in this question. Ideally its a discounting of the capital plus the discounting of...
Thanks... logic makes sense.. will note
Hi Aditya, 1. The first part also askes for parameters and in that the solution provides for transition intensities. 2. Are transition...
Part (i) a has asked to define the parameters and the solution has been provided in terms of the transition intensities. Part(ii) a has asked...
The logic for the creation of states is not clear. The answer has clearly mentioned that there are 4 states and not 5 states ( as per comment) My...
Hi can some one please explain this question....Totally stumped here...
