Session Information
SOA - 2010 Annual Meeting & Exhibit
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The "Flaws" of Law of Large Numbers (1.8 units CPD)
Track
:
Technical Skills & Analytical Problem Solving
Program Code:
95PD
Date:
Tuesday, October 19, 2010
Time:
2:30 PM to 4:00 PM
EST
Location:
Petit Trianon
MODERATOR
:
Frank Zhang, FSA, MAAA, Ernst & Young
SPEAKER
(S):
Frank Zhang, FSA, MAAA, Ernst & Young
Constantin Dan Cazacu, Ph.D.
Charles S. Fuhrer, FSA, MAAA
Description
The law of large numbers is fundamental to probability theory and actuarial science. But the theory can be misleading and lead to wrong or incomplete conclusions. This session will illustrate some examples to demonstrate the flaws of the law of large numbers.
Audio Synchronized to PowerPoint
(Code: 95PD)
Attendee:$10 USD
Non-Attendee $49 USD - Your Price
This session is a part of: