The partial credibility premium is calculated as 706 for 400 observations with mean loss of600. It is calculated as 726 for 500 observations with mean loss of 660. What is the fullcredibility standard?

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Answered: he partial credibility premium is…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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he partial credibility premium is calculated as 706 for 400 observations with mean loss of 00. It is calculated as 726 for 500 observations with mean loss of 660. What is the full redibility standard?