Answered step by step
Verified Expert Solution
Question
1 Approved Answer
[18 Marks] A trial was conducted on the effectiveness of a new cream to treat a skin condition. 100 sufferers applied the cream daily for
[18 Marks] A trial was conducted on the effectiveness of a new cream to treat a skin condition. 100 sufferers applied the cream daily for four weeks or until their symptoms disappeared if this happened sooner. Some of the sufferers left the trial before their symptoms disappeared. The following data were collected. Number of sufferers Day symptoms disappeared Day they Number of left the sufferers trial 2 6 3 2 1 7 1 10 1 10 3 13 2 14 1. Describe two types of censoring that are present and state to whom they apply. ii. Calculate the Nelson-Aalen estimate of the survival function for this trial. MS338-Actuarial Modelling Semester 1 Examinations 2020/2021 Page 2 of 6 af64e738 iv. Sketch the survival function, labelling the axes. Estimate the probability that a person using the cream will still have symptoms of the skin condition after two weeks
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started