• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

SPECIMEN EXAMINATION - ST8 Q2(ii)

B

barbados

Member
In Q2(ii) the answer for the average accident date is calculated as 10.667 and it is written that this is two-thirds of the way through November 2009.

Shouldn't this be two-thirds of the way through October 2009, or am I missing the point somewhere. Who can clearify this?

Thanks,
Barbados.
 
The end of December is 12 months, so the end of November is 11 months. Hence the start of November is 10 months and so two thirds of the way through November is 10.667 months.

I hope this helps.

Duncan
 
Can you also explain how the (4) column is derived, and why?
 
It is multiplying the earned exposure for each month by the average accident date for that month (expressed as the number of months after 1 January 2009), so for September this is 8.5 months after 1 January and so on.
 
You must log in or register to reply here.
Back
Top