Hello,
I try to fit a distribution curve of claim amount(lognormal or gamma) in SAS. I don't know how to fit those curve based on data with truncation and censoring. The portfolio I am analyzing has multiple deductibles/limits. What method do you typically use for this kind of data?
Thanks.
I try to fit a distribution curve of claim amount(lognormal or gamma) in SAS. I don't know how to fit those curve based on data with truncation and censoring. The portfolio I am analyzing has multiple deductibles/limits. What method do you typically use for this kind of data?
Thanks.
Probability curve fitting for censored/truncated data