Discrete Mathematics and Its Applications ( 8th International Edition ) ISBN:9781260091991
8th Edition
ISBN: 9781259676512
Author: Kenneth H Rosen
Publisher: McGraw-Hill Education
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Chapter 11, Problem 6CAE
To determine
The number of different ways
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PEER REPLY 1:
Choose a classmate's Main Post and review their decision making process.
1. Choose a risk level for each of the states of nature (assign a probability
value to each).
2. Explain why each risk level is chosen.
3. Which alternative do you believe would be the best based on the maximum
EMV?
4. Do you feel determining the expected value with perfect information
(EVWPI) is worthwhile in this situation? Why or why not?
Questions
An insurance company's cumulative incurred claims for the last 5 accident years are given
in the following table:
Development Year
Accident Year 0
2018
1 2 3 4
245 267 274 289 292
2019
255 276 288 294
2020
265 283 292
2021
263 278
2022
271
It can be assumed that claims are fully run off after 4 years. The premiums received for
each year are:
Accident Year Premium
2018
306
2019
312
2020
318
2021
326
2022
330
You do not need to make any allowance for inflation.
1. (a) Calculate the reserve at the end of 2022 using the basic chain ladder method.
(b) Calculate the reserve at the end of 2022 using the Bornhuetter-Ferguson method.
2. Comment on the differences in the reserves produced by the methods in Part 1.
Chapter 11 Solutions
Discrete Mathematics and Its Applications ( 8th International Edition ) ISBN:9781260091991
Ch. 11.1 - Prob. 1ECh. 11.1 - Vhich of these graphs are trees?Ch. 11.1 - Prob. 3ECh. 11.1 - Prob. 4ECh. 11.1 - Prob. 5ECh. 11.1 - Prob. 6ECh. 11.1 - Prob. 7ECh. 11.1 - Prob. 8ECh. 11.1 - Prob. 9ECh. 11.1 - Prob. 10E
Ch. 11.1 - Prob. 11ECh. 11.1 - Prob. 12ECh. 11.1 - Prob. 13ECh. 11.1 - Prob. 14ECh. 11.1 - Let G he a simple graph with n vertices. Show that...Ch. 11.1 - Prob. 16ECh. 11.1 - Prob. 17ECh. 11.1 - Prob. 18ECh. 11.1 - Prob. 19ECh. 11.1 - Prob. 20ECh. 11.1 - Prob. 21ECh. 11.1 - A chain letter starts when a person sends a letter...Ch. 11.1 - A chain letter starts with a person sending a...Ch. 11.1 - Prob. 24ECh. 11.1 - Prob. 25ECh. 11.1 - Prob. 26ECh. 11.1 - Prob. 27ECh. 11.1 - Prob. 28ECh. 11.1 - Prob. 29ECh. 11.1 - Prob. 30ECh. 11.1 - Prob. 31ECh. 11.1 - Prob. 32ECh. 11.1 - Prob. 33ECh. 11.1 - Prob. 34ECh. 11.1 - Prob. 35ECh. 11.1 - Prob. 36ECh. 11.1 - Letnbe a power of 2. Show thatnnumbers can be...Ch. 11.1 - Prob. 38ECh. 11.1 - Prob. 39ECh. 11.1 - Prob. 40ECh. 11.1 - Prob. 41ECh. 11.1 - Prob. 42ECh. 11.1 - Prob. 43ECh. 11.1 - Prob. 44ECh. 11.1 - Draw the first seven rooted Fibonacci trees.Ch. 11.1 - Prob. 46ECh. 11.1 - Prob. 47ECh. 11.1 - Show that the average depth of a leaf in a binary...Ch. 11.2 - Build a binary search tree for the...Ch. 11.2 - Build a binary search tree for the words oenology,...Ch. 11.2 - How many comparisons are needed to locate or to...Ch. 11.2 - How many comparisons are needed to locate or to...Ch. 11.2 - Using alphabetical order, construct a binary...Ch. 11.2 - How many weighings of a balance scale are needed...Ch. 11.2 - How many weighings of a balance scale are needed...Ch. 11.2 - How many weighings of a balance scale are needed...Ch. 11.2 - How many weighings of a balance scale are needed...Ch. 11.2 - One of four coins may be counterfeit. If it is...Ch. 11.2 - Find the least number of comparisons needed to...Ch. 11.2 - Prob. 12ECh. 11.2 - The tournament sort is a sorting algorithm that...Ch. 11.2 - The tournament sort is a sorting algorithm that...Ch. 11.2 - Prob. 15ECh. 11.2 - Prob. 16ECh. 11.2 - Prob. 17ECh. 11.2 - The tournament sort is a sorting algorithm that...Ch. 11.2 - The tournament sort is a sorting algorithm that...Ch. 11.2 - The tournament sort is a sorting algorithm that...Ch. 11.2 - Prob. 21ECh. 11.2 - The tournament sort is a sorting algorithm that...Ch. 11.2 - Prob. 23ECh. 11.2 - The tournament sort is a sorting algorithm that...Ch. 11.2 - Prob. 25ECh. 11.2 - The tournament sort is a sorting algorithm that...Ch. 11.2 - Prob. 27ECh. 11.2 - Prob. 28ECh. 11.2 - Suppose thatmis a positive integer with m>2An...Ch. 11.2 - Suppose that m is a positive integer with m>2 An...Ch. 11.2 - Suppose that m is a positive integer withm= 2. An...Ch. 11.2 - Suppose thatmis a positive integer withm= 2....Ch. 11.2 - Prob. 33ECh. 11.2 - Prob. 34ECh. 11.2 - Suppose that m is a positive integer with m>2 An...Ch. 11.2 - Prob. 36ECh. 11.2 - Suppose that m is a positive integer with m>2 An...Ch. 11.2 - Suppose that m is a positive integer with m>2 An...Ch. 11.2 - Prob. 39ECh. 11.2 - Suppose that m is a positive integer withm= 2. An...Ch. 11.2 - Prob. 41ECh. 11.2 - Suppose that m is a positive integer with m>2 An...Ch. 11.2 - Prob. 43ECh. 11.2 - Prob. 44ECh. 11.3 - Prob. 1ECh. 11.3 - Prob. 2ECh. 11.3 - Prob. 3ECh. 11.3 - Prob. 4ECh. 11.3 - Suppose that the vertex with the largest address...Ch. 11.3 - Prob. 6ECh. 11.3 - Prob. 7ECh. 11.3 - Prob. 8ECh. 11.3 - Prob. 9ECh. 11.3 - Prob. 10ECh. 11.3 - Prob. 11ECh. 11.3 - Prob. 12ECh. 11.3 - Prob. 13ECh. 11.3 - Prob. 14ECh. 11.3 - Prob. 15ECh. 11.3 - Prob. 16ECh. 11.3 - Prob. 17ECh. 11.3 - a) Represent the compound propositionsandusing...Ch. 11.3 - a) Represent(AB)(A(BA))using an ordered rooted...Ch. 11.3 - In how many ways can the stringbe fully...Ch. 11.3 - In how many ways can the stringbe fully...Ch. 11.3 - Draw the ordered rooted tree corresponding to each...Ch. 11.3 - What is the value of each of these prefix...Ch. 11.3 - What is the value of each of these postfix...Ch. 11.3 - Prob. 25ECh. 11.3 - Prob. 26ECh. 11.3 - Prob. 27ECh. 11.3 - Prob. 28ECh. 11.3 - Prob. 29ECh. 11.3 - Prob. 30ECh. 11.3 - Show that any well-formed formula in prefix...Ch. 11.3 - Prob. 32ECh. 11.3 - Prob. 33ECh. 11.3 - Prob. 34ECh. 11.4 - How many edges must be removed from a connected...Ch. 11.4 - Prob. 2ECh. 11.4 - Prob. 3ECh. 11.4 - Prob. 4ECh. 11.4 - Prob. 5ECh. 11.4 - Prob. 6ECh. 11.4 - Prob. 7ECh. 11.4 - Prob. 8ECh. 11.4 - Prob. 9ECh. 11.4 - Prob. 10ECh. 11.4 - Prob. 11ECh. 11.4 - Prob. 12ECh. 11.4 - Prob. 13ECh. 11.4 - Prob. 14ECh. 11.4 - Prob. 15ECh. 11.4 - Prob. 16ECh. 11.4 - Prob. 17ECh. 11.4 - Prob. 18ECh. 11.4 - Prob. 19ECh. 11.4 - Prob. 20ECh. 11.4 - Prob. 21ECh. 11.4 - Describe the tree produced by breadth-first search...Ch. 11.4 - Prob. 23ECh. 11.4 - Explain how breadth-first search or depth-first...Ch. 11.4 - Prob. 25ECh. 11.4 - Prob. 26ECh. 11.4 - Prob. 27ECh. 11.4 - Use backtracking to find a subset, if it exists,...Ch. 11.4 - Explain how backtracking can be used to find a...Ch. 11.4 - Prob. 30ECh. 11.4 - Prob. 31ECh. 11.4 - A spanning forest of a graphGis a forest that...Ch. 11.4 - Prob. 33ECh. 11.4 - Prob. 34ECh. 11.4 - Prob. 35ECh. 11.4 - A spanning forest of a graphGis a forest that...Ch. 11.4 - Prob. 37ECh. 11.4 - Prob. 38ECh. 11.4 - Prob. 39ECh. 11.4 - Prob. 40ECh. 11.4 - Prob. 41ECh. 11.4 - Prob. 42ECh. 11.4 - Prob. 43ECh. 11.4 - Prob. 44ECh. 11.4 - Prob. 45ECh. 11.4 - Prob. 46ECh. 11.4 - Prob. 47ECh. 11.4 - Prob. 48ECh. 11.4 - Prob. 49ECh. 11.4 - Prob. 50ECh. 11.4 - Prob. 51ECh. 11.4 - Prob. 52ECh. 11.4 - Prob. 53ECh. 11.4 - Prob. 54ECh. 11.4 - Prob. 55ECh. 11.4 - Prob. 56ECh. 11.4 - Prob. 57ECh. 11.4 - Prob. 58ECh. 11.4 - Prob. 59ECh. 11.4 - Prob. 60ECh. 11.4 - Prob. 61ECh. 11.5 - The roads represented by this graph are all...Ch. 11.5 - Prob. 2ECh. 11.5 - Prob. 3ECh. 11.5 - Prob. 4ECh. 11.5 - Prob. 5ECh. 11.5 - Prob. 6ECh. 11.5 - Prob. 7ECh. 11.5 - Prob. 8ECh. 11.5 - Prob. 9ECh. 11.5 - Prob. 10ECh. 11.5 - Prob. 11ECh. 11.5 - Prob. 12ECh. 11.5 - Prob. 13ECh. 11.5 - Prob. 14ECh. 11.5 - Prob. 15ECh. 11.5 - Prob. 16ECh. 11.5 - Prob. 17ECh. 11.5 - Prob. 18ECh. 11.5 - Prob. 19ECh. 11.5 - Prob. 20ECh. 11.5 - Prob. 21ECh. 11.5 - Prob. 22ECh. 11.5 - Express the algorithm devised in Exercise 22 in...Ch. 11.5 - Prob. 24ECh. 11.5 - Prob. 25ECh. 11.5 - Prob. 26ECh. 11.5 - Prob. 27ECh. 11.5 - Prob. 28ECh. 11.5 - Prob. 29ECh. 11.5 - Prob. 30ECh. 11.5 - Prob. 31ECh. 11.5 - Prob. 32ECh. 11.5 - Prob. 33ECh. 11.5 - Prob. 34ECh. 11.5 - Prob. 35ECh. 11 - Prob. 1RQCh. 11 - Prob. 2RQCh. 11 - Prob. 3RQCh. 11 - Prob. 4RQCh. 11 - Prob. 5RQCh. 11 - Prob. 6RQCh. 11 - Prob. 7RQCh. 11 - a) What is a binary search tree? b) Describe an...Ch. 11 - Prob. 9RQCh. 11 - Prob. 10RQCh. 11 - a) Explain how to use preorder, inorder, and...Ch. 11 - Show that the number of comparisons used by a...Ch. 11 - a) Describe the Huffman coding algorithm for...Ch. 11 - Draw the game tree for nim if the starting...Ch. 11 - Prob. 15RQCh. 11 - Prob. 16RQCh. 11 - a) Explain how backtracking can be used to...Ch. 11 - Prob. 18RQCh. 11 - Prob. 19RQCh. 11 - Show that a simple graph is a tree if and Only if...Ch. 11 - Prob. 2SECh. 11 - Prob. 3SECh. 11 - Prob. 4SECh. 11 - Prob. 5SECh. 11 - Prob. 6SECh. 11 - Prob. 7SECh. 11 - Prob. 8SECh. 11 - Prob. 9SECh. 11 - Prob. 10SECh. 11 - Prob. 11SECh. 11 - Prob. 12SECh. 11 - Prob. 13SECh. 11 - Prob. 14SECh. 11 - Prob. 15SECh. 11 - Prob. 16SECh. 11 - Prob. 17SECh. 11 - Prob. 18SECh. 11 - Prob. 19SECh. 11 - Prob. 20SECh. 11 - Prob. 21SECh. 11 - Prob. 22SECh. 11 - Prob. 23SECh. 11 - The listing of the vertices of an ordered rooted...Ch. 11 - The listing of the vertices of an ordered rooted...Ch. 11 - Prob. 26SECh. 11 - Prob. 27SECh. 11 - Prob. 28SECh. 11 - Prob. 29SECh. 11 - Show that if every circuit not passing through any...Ch. 11 - Prob. 31SECh. 11 - Prob. 32SECh. 11 - Prob. 33SECh. 11 - Prob. 34SECh. 11 - Prob. 35SECh. 11 - Prob. 36SECh. 11 - Prob. 37SECh. 11 - Prob. 38SECh. 11 - Prob. 39SECh. 11 - Prob. 40SECh. 11 - Prob. 41SECh. 11 - Prob. 42SECh. 11 - Prob. 43SECh. 11 - Prob. 44SECh. 11 - Prob. 45SECh. 11 - Show that a directed graphG= (V,E) has an...Ch. 11 - In this exercise we will develop an algorithm to...Ch. 11 - Prob. 1CPCh. 11 - Prob. 2CPCh. 11 - Prob. 3CPCh. 11 - Prob. 4CPCh. 11 - Prob. 5CPCh. 11 - Prob. 6CPCh. 11 - Prob. 7CPCh. 11 - Given an arithmetic expression in prefix form,...Ch. 11 - Prob. 9CPCh. 11 - Given the frequency of symbols, use Huffman coding...Ch. 11 - Given an initial position in the game of nim,...Ch. 11 - Prob. 12CPCh. 11 - Prob. 13CPCh. 11 - Prob. 14CPCh. 11 - Prob. 15CPCh. 11 - Prob. 16CPCh. 11 - Prob. 17CPCh. 11 - Prob. 18CPCh. 11 - Prob. 1CAECh. 11 - Prob. 2CAECh. 11 - Prob. 3CAECh. 11 - Prob. 4CAECh. 11 - Prob. 5CAECh. 11 - Prob. 6CAECh. 11 - Prob. 7CAECh. 11 - Prob. 8CAECh. 11 - Prob. 1WPCh. 11 - Prob. 2WPCh. 11 - Prob. 3WPCh. 11 - DefineAVL-trees(sometimes also known...Ch. 11 - Prob. 5WPCh. 11 - Prob. 6WPCh. 11 - Prob. 7WPCh. 11 - Prob. 8WPCh. 11 - Prob. 9WPCh. 11 - Prob. 10WPCh. 11 - Discuss the algorithms used in IP multicasting to...Ch. 11 - Prob. 12WPCh. 11 - Describe an algorithm based on depth-first search...Ch. 11 - Prob. 14WPCh. 11 - Prob. 15WPCh. 11 - Prob. 16WPCh. 11 - Prob. 17WPCh. 11 - Prob. 18WP
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