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Humor Me
by Michael Ersevim
Actuarial Bumper Stickers
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Mike's All-Lines Credibility-Weighting Procedure for Class Rate Revision Filings:
Preconceived notion as to the answer 30% Answer your boss expects to see 23% Answer from the flawed spreadsheet 15% Answer the regulators will approve 13% Last year's answer 9% Nearest integer to your initial indication 6% An extra 5% for "good-luck" 4% Editor's Note: For more of the best in actuarial humor, check out Jerome Tuttle's Web site actuarialjokes.com.