Hi, I've been going through the ST8 flashcards and on flashcard 11, chapters 11 and 18, it asks for the standard for full credibility where the number of claims is not necessarily Poisson. The answer states that mu is squared and I have in my notes that it is squared for claims severity but not for claim frequency. Have I got that wrong or is there a mistake in the flashcards? thanks!
Thank you for drawing our attention to this. It is a mistake on flashcard number 11. The mu should not be squared in the solution. We are sorry for any inconvenience this has caused you. Duncan
