Pension Consultant Question: Download Questions PDF
What is lognormal distribution in the context to insurance?
Answer:
Lognormal distribution is a probability distribution that is used as a model to claim size distribution; it is positively skewed and has a range from zero to infinity.
Download Pension Consultant Interview Questions And Answers
PDF
| Previous Question | Next Question |
| Explain the role of Actuary in consulting firm? | Tell me some name of the most common actuarial software used in industry? |