A Method of Testing Classification Relatives [Discussion]

Abstract
In the introduction to my paper I emphasized that the new method of testing classification relativities proposed therein was undoubtedly subject to faults and susceptible to improvement and I asked for criticisms and suggestions. The discussions presented by Messrs. Bailey and Marshall show that this prediction was correct and that the method proposed can be substantially improved. I am very grateful for the criticisms offered and hope that they will help to develop a workable and conclusive method of testing classification relativities. The criticisms and suggestions fall into two groups; Mr. Marshall is chiefly concerned with the object and application of the method, while Mr. Bailey deals mainly with its technical aspects.
Volume
XXVIII
Page
583-586
Year
1942
Categories
Actuarial Applications and Methodologies
Ratemaking
Classification Plans
Financial and Statistical Methods
Statistical Models and Methods
Business Areas
Workers Compensation
Publications
Proceedings of the Casualty Actuarial Society
Authors
Stefan Peters