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IGNOU MECE 103 Assignment 2023-24 Question Paper
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1. Discuss the approach to ‘Geometric Brownian Motion’ with its applications to the Mean Reversion Models.
2) Explain the concept of Classical Credibility.
Section B
Answer the following questions in about 400 words each. Each question carries 12 marks.
3) Write a note on the concept of Martingales with illustrations.
4) Show that the ‘Linear Accumulation Function’ is valid for all real numbers.
5) Distinguish between the terms ‘annuity-certain’ and ‘contingent annuities’.
6) Explain the significance of a ‘probability density function’ in the measurement of death.
7) Define the concept of ‘loss function’ with suitable expressions for different cases.
IGNOU MECE 103 Solved Assignment 2023-24 Pdf Download Facility
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