Great question. The question here is vague because it doesn't tell you how to demonstrate equity. However, it is worth a lot of points. Calculating the efficiency test statistic for each plan and making a recommendation would likely receive all of the points as it's a substantial amount of work and answers the question. But since you've done a lot of work to get there it wouldn't hurt to quickly comment on the manual and standard loss ratios to be sure.
Comments
Great question. The question here is vague because it doesn't tell you how to demonstrate equity. However, it is worth a lot of points. Calculating the efficiency test statistic for each plan and making a recommendation would likely receive all of the points as it's a substantial amount of work and answers the question. But since you've done a lot of work to get there it wouldn't hurt to quickly comment on the manual and standard loss ratios to be sure.