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SOA SRMStatistics for Risk Modeling

Associateship (ASA)
3.5 hours·35 multiple-choice·250 study hours
Score 0/0 · 8 MC
  1. SRM · Q1
    Multiple choice
    Decision trees

    Compared with a single deep decision tree, a random forest typically has:

  2. SRM · Q2
    Written answer
    Decision trees

    Compare the Gini index and entropy as splitting criteria for classification trees, and explain why classification error rate is rarely used for growing (as opposed to pruning) a tree.

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