A
almost_there
Member
Hi,
Just looking at Assingment X2 solution, X2.3 part (v)
The question just asks "explain the likely rationale for the following correlation assumptions (a) longevity and mortality"
The solution defines longevity and mortality and the products these risks affect. Marks are awarded for this.
The question didn't actually ask for a definition nor which products may be affected, only what the rationale for the correlation was.
It just seems like we are making up our own questions to get marks but how on earth are we meant to know for which questions we need to define each term before actually answering it?! Are we meant to demonstrate to examiner that we know something about mortality and longevity before discussing them?
Just looking at Assingment X2 solution, X2.3 part (v)
The question just asks "explain the likely rationale for the following correlation assumptions (a) longevity and mortality"
The solution defines longevity and mortality and the products these risks affect. Marks are awarded for this.
The question didn't actually ask for a definition nor which products may be affected, only what the rationale for the correlation was.
It just seems like we are making up our own questions to get marks but how on earth are we meant to know for which questions we need to define each term before actually answering it?! Are we meant to demonstrate to examiner that we know something about mortality and longevity before discussing them?