Question

Why is the time period for data collection important in withdrawal experience analysis?

a.

To ensure the data is large enough to be statistically significant

b.

To avoid abnormal influences on the data

c.

To allow for quick reactions to recent changes in withdrawal levels

d.

All of the above

Answer: (d).All of the above Explanation:The time period for data collection is important to ensure the data is statistically significant, to avoid abnormal influences, and to allow for quick reactions to recent changes in withdrawal levels.

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Q. Why is the time period for data collection important in withdrawal experience analysis?

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