Here is a proposal for two ORD tables to report convergence metrics for annual loss estimates from sample-based platforms such as the Oasis platform: Convergence in Average Loss Table (CALT) and Convergence in Exceedance Proability Table (CEPT)
The tables contain sample statistics for the estimates calculated using the total number of samples specified in an analysis so that the user may analyse the convergence attributes of annual loss metrics.
The mean (AAL) and standard deviation estimates are given in the CALT, and the quantile estimates for the user-requested set of return period losses are given in the CEPT.
ORD_convergence_tables_v6.xlsx
Here is a proposal for two ORD tables to report convergence metrics for annual loss estimates from sample-based platforms such as the Oasis platform: Convergence in Average Loss Table (CALT) and Convergence in Exceedance Proability Table (CEPT)
The tables contain sample statistics for the estimates calculated using the total number of samples specified in an analysis so that the user may analyse the convergence attributes of annual loss metrics.
The mean (AAL) and standard deviation estimates are given in the CALT, and the quantile estimates for the user-requested set of return period losses are given in the CEPT.
ORD_convergence_tables_v6.xlsx