C
code9063
Member
Hi,
One of the bootstrapping method assumption is "incremental claim amounts are statistically independent."
Does it mean the same thing as "future development of a cohort is independent of historical factors" which is Mack model assumption.
One of the bootstrapping method assumption is "incremental claim amounts are statistically independent."
Does it mean the same thing as "future development of a cohort is independent of historical factors" which is Mack model assumption.