Differential Equations with Boundary-Value Problems (MindTap Course List)
9th Edition
ISBN: 9781305965799
Author: Dennis G. Zill
Publisher: Cengage Learning
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Chapter 2.5, Problem 29E
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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 2 Solutions
Differential Equations with Boundary-Value Problems (MindTap Course List)
Ch. 2.1 - In Problems 14 reproduce the given...Ch. 2.1 - In Problems 14 reproduce the given...Ch. 2.1 - dydx=1xy (a) y(0) = 0 (b) y(1) = 0 (c) y(2) = 2...Ch. 2.1 - In Problems 14 reproduce the given...Ch. 2.1 - Prob. 5ECh. 2.1 - Prob. 6ECh. 2.1 - Prob. 7ECh. 2.1 - Prob. 8ECh. 2.1 - Prob. 9ECh. 2.1 - Prob. 10E
Ch. 2.1 - In Problems 512 use computer software to obtain a...Ch. 2.1 - Prob. 12ECh. 2.1 - Prob. 13ECh. 2.1 - In Problems 13 and 14 the given figure represents...Ch. 2.1 - In parts (a) and (b) sketch isoclines f(x, y) = c...Ch. 2.1 - (a) Consider the direction field of the...Ch. 2.1 - Consider the autonomous first-order differential...Ch. 2.1 - Prob. 20ECh. 2.1 - In Problems 21-28 find the critical points and...Ch. 2.1 - Prob. 22ECh. 2.1 - In Problems 21-28 find the critical points and...Ch. 2.1 - Prob. 24ECh. 2.1 - In Problems 21-28 find the critical points and...Ch. 2.1 - In Problems 21-28 find the critical points and...Ch. 2.1 - Prob. 27ECh. 2.1 - Prob. 28ECh. 2.1 - In Problems 29 and 30 consider the autonomous...Ch. 2.1 - In Problems 29 and 30 consider the autonomous...Ch. 2.1 - Consider the autonomous DE dy/dx = (2/)y sin y...Ch. 2.1 - Prob. 32ECh. 2.1 - Prob. 33ECh. 2.1 - Prob. 34ECh. 2.1 - Prob. 35ECh. 2.1 - Prob. 36ECh. 2.1 - Prob. 37ECh. 2.1 - Prob. 38ECh. 2.1 - Prob. 39ECh. 2.1 - Prob. 40ECh. 2.1 - Prob. 41ECh. 2.1 - Chemical reactions When certain kinds of chemicals...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 122 solve the given differential...Ch. 2.2 - In Problems 2328 find an explicit solution of the...Ch. 2.2 - In Problems 2328 find an explicit solution of the...Ch. 2.2 - In Problems 2328 find an explicit solution of the...Ch. 2.2 - In Problems 2328 find an explicit solution of the...Ch. 2.2 - In Problems 2328 find an explicit solution of the...Ch. 2.2 - In Problems 2328 find an explicit solution of the...Ch. 2.2 - In Problems 29 and 30 proceed as in Example 5 and...Ch. 2.2 - In Problems 29 and 30 proceed as in Example 5 and...Ch. 2.2 - In Problems 3134 find an explicit solution of the...Ch. 2.2 - Prob. 32ECh. 2.2 - In Problems 3134 find an explicit solution of the...Ch. 2.2 - Prob. 34ECh. 2.2 - (a) Find a solution of the initial-value problem...Ch. 2.2 - Find a solution of xdydx=y2y that passes through...Ch. 2.2 - Find a singular solution of Problem 21. Of Problem...Ch. 2.2 - Show that an implicit solution of...Ch. 2.2 - Prob. 39ECh. 2.2 - Prob. 40ECh. 2.2 - Often a radical change in the form of the solution...Ch. 2.2 - Prob. 42ECh. 2.2 - Every autonomous first-order equation dy/dx = f(y)...Ch. 2.2 - Prob. 44ECh. 2.2 - Prob. 45ECh. 2.2 - In Problems 4550 use a technique of integration or...Ch. 2.2 - In Problems 4550 use a technique of integration or...Ch. 2.2 - Prob. 48ECh. 2.2 - Prob. 49ECh. 2.2 - Prob. 50ECh. 2.2 - Prob. 51ECh. 2.2 - Prob. 52ECh. 2.2 - Prob. 53ECh. 2.2 - Prob. 54ECh. 2.2 - Prob. 55ECh. 2.2 - Prob. 56ECh. 2.2 - Suspension Bridge In (16) of Section 1.3 we saw...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 1-24 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 124 find the general solution of the...Ch. 2.3 - In Problems 2536 solve the given initial-value...Ch. 2.3 - In Problems 2536 solve the given initial-value...Ch. 2.3 - In Problems 2536 solve the given initial-value...Ch. 2.3 - In Problems 2536 solve the given initial-value...Ch. 2.3 - In Problems 2536 solve the given initial-value...Ch. 2.3 - In Problems 2536 solve the given initial-value...Ch. 2.3 - In Problems 2536 solve the given initial-value...Ch. 2.3 - In Problems 2536 solve the given initial-value...Ch. 2.3 - In Problems 2536 solve the given initial-value...Ch. 2.3 - In Problems 2536 solve the given initial-value...Ch. 2.3 - Prob. 35ECh. 2.3 - Prob. 36ECh. 2.3 - Prob. 37ECh. 2.3 - In Problems 3740 proceed as in Example 6 to solve...Ch. 2.3 - Prob. 39ECh. 2.3 - In Problems 3740 proceed as in Example 6 to solve...Ch. 2.3 - Prob. 41ECh. 2.3 - In Problems 41 and 42 proceed as in Example 6 to...Ch. 2.3 - Prob. 43ECh. 2.3 - In Problems 43 and 44 proceed as in Example 7 and...Ch. 2.3 - Prob. 45ECh. 2.3 - Prob. 46ECh. 2.3 - Prob. 47ECh. 2.3 - The Fresnel sine integral function is defined as...Ch. 2.3 - Prob. 49ECh. 2.3 - Prob. 50ECh. 2.3 - Prob. 51ECh. 2.3 - Prob. 52ECh. 2.3 - Prob. 53ECh. 2.3 - Prob. 54ECh. 2.3 - Prob. 55ECh. 2.3 - Prob. 56ECh. 2.3 - Prob. 57ECh. 2.3 - Heart Pacemaker A heart pacemaker consists of a...Ch. 2.3 - Prob. 61ECh. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In Problems 120 determine whether the given...Ch. 2.4 - In problems 2126 slove the given initial-value...Ch. 2.4 - In Problem 2126 solve the given initial-value...Ch. 2.4 - Prob. 23ECh. 2.4 - In Problems 2126 solve the given initial-value...Ch. 2.4 - In Problems 2126 solve the given initial-value...Ch. 2.4 - Prob. 26ECh. 2.4 - In Problems 27 and 28 find the value of k so that...Ch. 2.4 - In Problems 27 and 28 find the value of k so that...Ch. 2.4 - In Problems 29 and 30 verify that the given...Ch. 2.4 - In Problems 29 and 30 verify that the given...Ch. 2.4 - In Problems 3136 solve the given differential...Ch. 2.4 - In Problems 3136 solve the given differential...Ch. 2.4 - In Problems 3136 solve the given differential...Ch. 2.4 - In Problems 3136 solve the given differential...Ch. 2.4 - In Problems 3136 solve the given differential...Ch. 2.4 - In Problems 3136 solve the given differential...Ch. 2.4 - In Problems 37 and 38 solve the given...Ch. 2.4 - In Problems 37 and 38 solve the given...Ch. 2.4 - (a) Show that a one-parameter family of solutions...Ch. 2.4 - Prob. 40ECh. 2.4 - Prob. 41ECh. 2.4 - Prob. 42ECh. 2.4 - Differential equations are sometimes solved by...Ch. 2.4 - Prob. 44ECh. 2.4 - Falling Chain A portion of a uniform chain of...Ch. 2.5 - Each DE in Problems 114 is homogeneous. In...Ch. 2.5 - In Problems 110 solve the given differential...Ch. 2.5 - In Problems 110 solve the given differential...Ch. 2.5 - In Problems 1-10 solve the given differential...Ch. 2.5 - In Problems 110 solve the given differential...Ch. 2.5 - In Problems 1-10 solve the given differential...Ch. 2.5 - In Problems 110 solve the given differential...Ch. 2.5 - In Problems 110 solve the given differential...Ch. 2.5 - In Problems 110 solve the given differential...Ch. 2.5 - In Problems 110 solve the given differential...Ch. 2.5 - In Problems 1114 solve the given initial-value...Ch. 2.5 - In Problems 1114 solve the given initial-value...Ch. 2.5 - In Problems 1114 solve the given initial-value...Ch. 2.5 - In Problems 1114 solve the given initial-value...Ch. 2.5 - In Problems 1520 solve the given differential...Ch. 2.5 - In Problems 1520 solve the given differential...Ch. 2.5 - In Problems 1520 solve the given differential...Ch. 2.5 - In Problems 1520 solve the given differential...Ch. 2.5 - Prob. 19ECh. 2.5 - Prob. 20ECh. 2.5 - In Problems 21 and 22 solve the given...Ch. 2.5 - In Problems 21 and 22 solve the given...Ch. 2.5 - In Problems 2328 solve the given differential...Ch. 2.5 - In Problems 2328 solve the given differential...Ch. 2.5 - In Problems 2328 solve the given differential...Ch. 2.5 - In Problems 2328 solve the given differential...Ch. 2.5 - In Problems 2328 solve the given differential...Ch. 2.5 - In Problems 2328 solve the given differential...Ch. 2.5 - dydx=cos(x+y), y(0) = /4Ch. 2.5 - In Problems 29 and 30 solve the given...Ch. 2.5 - Explain why it is always possible to express any...Ch. 2.5 - Put the homogeneous differential equation...Ch. 2.5 - (a) Determine two singular solutions of the DE in...Ch. 2.5 - Prob. 34ECh. 2.5 - The differential equation dy/dx = P(x) + Q(x)y +...Ch. 2.5 - Prob. 36ECh. 2.5 - Falling Chain In Problem 45 in Exercises 2.4 we...Ch. 2.5 - Population Growth In the study of population...Ch. 2.6 - In Problems 1 and 2 use Eulers method to obtain a...Ch. 2.6 - In Problems 1 and 2 use Eulers method to obtain a...Ch. 2.6 - In Problems 3 and 4 use Eulers method to obtain a...Ch. 2.6 - In Problems 3 and 4 use Eulers method to obtain a...Ch. 2.6 - In Problems 510 use a numerical solver and Eulers...Ch. 2.6 - Prob. 6ECh. 2.6 - In Problems 510 use a numerical solver and Eulers...Ch. 2.6 - Prob. 8ECh. 2.6 - In Problems 510 use a numerical solver and Eulers...Ch. 2.6 - In Problems 510 use a numerical solver and Eulers...Ch. 2 - Answer Problems 112 without referring back to the...Ch. 2 - Prob. 2RECh. 2 - Prob. 3RECh. 2 - Prob. 4RECh. 2 - Prob. 5RECh. 2 - Prob. 6RECh. 2 - Prob. 7RECh. 2 - Prob. 8RECh. 2 - Prob. 9RECh. 2 - Prob. 10RECh. 2 - Prob. 11RECh. 2 - Prob. 12RECh. 2 - In Problems 13 and 14 construct an autonomous...Ch. 2 - In Problems 13 and 14 construct an autonomous...Ch. 2 - Prob. 15RECh. 2 - Prob. 16RECh. 2 - Prob. 17RECh. 2 - Classify each differential equation as separable,...Ch. 2 - Prob. 19RECh. 2 - Prob. 20RECh. 2 - Prob. 21RECh. 2 - Prob. 22RECh. 2 - Prob. 23RECh. 2 - Prob. 24RECh. 2 - Prob. 25RECh. 2 - Prob. 26RECh. 2 - Prob. 27RECh. 2 - Prob. 28RECh. 2 - Prob. 29RECh. 2 - Prob. 30RECh. 2 - Prob. 31RECh. 2 - Prob. 32RECh. 2 - In Problems 33 and 34 solve the given...Ch. 2 - In Problems 33 and 34 solve the given...Ch. 2 - Prob. 35RECh. 2 - Prob. 36RECh. 2 - Prob. 37RECh. 2 - Prob. 38RE
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