A counting process possesses independent increments if the number of events between s and t is independent of the number between t and t+u for all u>0.

Master the Casualty Actuarial Society MAS-1 Exam with flashcards and multiple choice questions, hints, and explanations. Get prepared for your exam!

Multiple Choice

A counting process possesses independent increments if the number of events between s and t is independent of the number between t and t+u for all u>0.

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