微信扫一扫
实时资讯全掌握
|
Bill Stevens, FRM and Vivian Lamb, FRM, are discussing how to use a data set in the loss distribution approach (LDA). They agree that most of the observations will receive an equal weight, but they wish to consider some possible exceptions. Stevens recommends their placing a lower weight on older losses. Lamb recommends their placing a lower weight on external losses obtained from a commercial loss data base. Which of the two recommendations, if either, are acceptable under standard LDA? A. Neither recommendations. B. The recommendation of Stevens but not that of Lamb. C. Both recommendations. D. The recommendation of Lamb but not that of Stevens. |