Abstract
The following report of the Travel Time Working Group represents the culmination of a 2 year effort to establish the information needs of the CAS necessary to monitor travel time, ensure that the CAS database contains the requisite information, define the criteria by which travel time should be monitored and draw preliminary conclusions regarding the impact of exam partitions on travel time, if possible. The Executive Council and Board of Directors discussed this report at several meetings during the third and fourth quarters of 1994 and the first quarter of 1995. At its February, 1995 meeting the Board of Directors adopted the data collection and data monitoring recommendations in the report and authorized distribution of the report to the CAS membership through publication in the CAS Forum. In discussing the report, the Board acknowledged that the statistics included in the report are inconclusive at this time vis-a- vis travel time. Even if travel time was changing, the Board agreed that it might not be possible to isolate the effect of exam partitioning on travel time. Finally, the Board re-affirmed its earlier decision to take no further partitioning steps at this time.
Volume
Fall
Page
1-42
Year
1995
Categories
Financial and Statistical Methods
Statistical Models and Methods
Data Diagnostics
Financial and Statistical Methods
Statistical Models and Methods
Decision Methods
Practice Areas
Publications
Casualty Actuarial Society E-Forum
