Adjust calculations for the effect of missing data values, including censoring and truncation.
Free CAS MAS-I (Modern Actuarial Statistics I) lesson in Statistics. 10 min read, ~1,500 words.
Right-censoring observes plus an indicator; left-censoring observes. Contribute or to the likelihood. Left-truncation at excludes entirely; condition on by dividing the density by. Right-truncation at excludes; divide by. Kaplan-Meier handles right-censoring; product-limit risk-set adjustment handles left-truncation by entering the risk set only at. MCAR vs MAR vs MNAR governs whether...
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What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Key Takeaways
- Exam Shortcuts
Learning objectives
- B9
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