Basic Technical Mathematics
11th Edition
ISBN: 9780134437705
Author: Washington
Publisher: PEARSON
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Question
Chapter 30.3, Problem 43E
(a)
To determine
To sketch: The graph of the function
(b)
To determine
To sketch: The first three series approximations of the function
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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
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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.
Steel Production Planning:
Let S represent the amount of steel produced (in tons). Steel Production is related to the amount of labor used(L) and the amount of capital used ( C ) by the following function:S = 20L⁰˙³⁰C⁰˙⁷⁰In this formula L represents the units of Labor input and C the units of Capital input. Each unit of Labor costs $50, and each unit of Capital costs $100.
a:Formulate an optimization problem that will determine how much labor and capital are needed to produce 50,000 tons of steel at minimum cost.
Q#3B: Solve the optimization problem you formulated in part (a). (Hint: When using Excel Solver, start with an initial L>0 and C>0.)…
Chapter 30 Solutions
Basic Technical Mathematics
Ch. 30.1 - Prob. 1PECh. 30.1 - Prob. 2PECh. 30.1 - Prob. 1ECh. 30.1 - Prob. 2ECh. 30.1 - Prob. 3ECh. 30.1 - Prob. 4ECh. 30.1 - Prob. 5ECh. 30.1 - Prob. 6ECh. 30.1 - Prob. 7ECh. 30.1 - Prob. 8E
Ch. 30.1 - Prob. 9ECh. 30.1 - Prob. 10ECh. 30.1 - Prob. 11ECh. 30.1 - Prob. 12ECh. 30.1 - Prob. 13ECh. 30.1 - Prob. 14ECh. 30.1 - Prob. 15ECh. 30.1 - Prob. 16ECh. 30.1 - Prob. 17ECh. 30.1 - Prob. 18ECh. 30.1 - Prob. 19ECh. 30.1 - Prob. 20ECh. 30.1 - Prob. 21ECh. 30.1 - Prob. 22ECh. 30.1 - Prob. 23ECh. 30.1 - Prob. 24ECh. 30.1 - Prob. 25ECh. 30.1 - Prob. 26ECh. 30.1 - Prob. 27ECh. 30.1 - Prob. 28ECh. 30.1 - Prob. 29ECh. 30.1 - Prob. 30ECh. 30.1 - Prob. 31ECh. 30.1 - Prob. 32ECh. 30.1 - Prob. 33ECh. 30.1 - Prob. 34ECh. 30.1 - Prob. 35ECh. 30.1 - Prob. 36ECh. 30.1 - Prob. 37ECh. 30.1 - Prob. 38ECh. 30.1 - Prob. 39ECh. 30.1 - Prob. 40ECh. 30.1 - Prob. 41ECh. 30.1 - In Exercises 39–48, solve the given problems as...Ch. 30.1 - Prob. 43ECh. 30.1 - Prob. 44ECh. 30.1 - In Exercises 39–48, solve the given problems as...Ch. 30.1 - Prob. 46ECh. 30.1 - Prob. 47ECh. 30.1 - Prob. 48ECh. 30.2 - Find the first four terms of the Maclaurin series...Ch. 30.2 - Prob. 1ECh. 30.2 - Prob. 2ECh. 30.2 - Prob. 3ECh. 30.2 - Prob. 4ECh. 30.2 - Prob. 5ECh. 30.2 - Prob. 6ECh. 30.2 - Prob. 7ECh. 30.2 - Prob. 8ECh. 30.2 - Prob. 9ECh. 30.2 - Prob. 10ECh. 30.2 - Prob. 11ECh. 30.2 - Prob. 12ECh. 30.2 - Prob. 13ECh. 30.2 - Prob. 14ECh. 30.2 - Prob. 15ECh. 30.2 - Prob. 16ECh. 30.2 - Prob. 17ECh. 30.2 - Prob. 18ECh. 30.2 - Prob. 19ECh. 30.2 - Prob. 20ECh. 30.2 - Prob. 21ECh. 30.2 - Prob. 22ECh. 30.2 - Prob. 23ECh. 30.2 - Prob. 24ECh. 30.2 - Prob. 25ECh. 30.2 - Prob. 26ECh. 30.2 - Prob. 27ECh. 30.2 - In Exercises 21–28, find the first two nonzero...Ch. 30.2 - Prob. 29ECh. 30.2 - Prob. 30ECh. 30.2 - In Exercises 29–44, solve the given problems.
Is...Ch. 30.2 - In Exercises 29–44, solve the given problems.
Is...Ch. 30.2 - Prob. 33ECh. 30.2 - Prob. 34ECh. 30.2 - Prob. 35ECh. 30.2 - Prob. 36ECh. 30.2 - In Exercises 29–44, solve the given problems.
The...Ch. 30.2 - Prob. 38ECh. 30.2 - Prob. 39ECh. 30.2 - Prob. 40ECh. 30.2 - Prob. 41ECh. 30.2 - Prob. 42ECh. 30.2 - Prob. 43ECh. 30.2 - Prob. 44ECh. 30.3 - Using the Maclaurin series for ln(1 + x), find the...Ch. 30.3 - Prob. 2PECh. 30.3 - Prob. 1ECh. 30.3 - Prob. 2ECh. 30.3 - Prob. 3ECh. 30.3 - Prob. 4ECh. 30.3 - Prob. 5ECh. 30.3 - In Exercises 3–10, find the first four nonzero...Ch. 30.3 - Prob. 7ECh. 30.3 - Prob. 8ECh. 30.3 - In Exercises 3–10, find the first four nonzero...Ch. 30.3 - Prob. 10ECh. 30.3 - Prob. 11ECh. 30.3 - Prob. 12ECh. 30.3 - In Exercises 11–16, evaluate the given integrals...Ch. 30.3 - Prob. 14ECh. 30.3 - Prob. 15ECh. 30.3 - Prob. 16ECh. 30.3 - Prob. 17ECh. 30.3 - Prob. 18ECh. 30.3 - In Exercises 17–30, find the indicated series by...Ch. 30.3 - Prob. 20ECh. 30.3 - Prob. 21ECh. 30.3 - In Exercises 17–30, find the indicated series by...Ch. 30.3 - Prob. 23ECh. 30.3 - Prob. 24ECh. 30.3 - Prob. 25ECh. 30.3 - Prob. 26ECh. 30.3 - Prob. 27ECh. 30.3 - Prob. 28ECh. 30.3 - Prob. 29ECh. 30.3 - Prob. 30ECh. 30.3 - Prob. 31ECh. 30.3 - Prob. 32ECh. 30.3 - Prob. 33ECh. 30.3 - Prob. 34ECh. 30.3 - Prob. 35ECh. 30.3 - Prob. 36ECh. 30.3 - Prob. 37ECh. 30.3 - Prob. 38ECh. 30.3 - Prob. 39ECh. 30.3 - Prob. 40ECh. 30.3 - Prob. 41ECh. 30.3 - Prob. 42ECh. 30.3 - Prob. 43ECh. 30.3 - Prob. 44ECh. 30.3 - Prob. 45ECh. 30.3 - Prob. 46ECh. 30.4 - Using three terms of the appropriate series,...Ch. 30.4 - Prob. 2PECh. 30.4 - Prob. 1ECh. 30.4 - Prob. 2ECh. 30.4 - Prob. 3ECh. 30.4 - Prob. 4ECh. 30.4 - Prob. 5ECh. 30.4 - Prob. 6ECh. 30.4 - Prob. 7ECh. 30.4 - Prob. 8ECh. 30.4 - Prob. 9ECh. 30.4 - Prob. 10ECh. 30.4 - Prob. 11ECh. 30.4 - Prob. 12ECh. 30.4 - In Exercises 3–20, calculate the value of each of...Ch. 30.4 - Prob. 14ECh. 30.4 - Prob. 15ECh. 30.4 - Prob. 16ECh. 30.4 - Prob. 17ECh. 30.4 - Prob. 18ECh. 30.4 - Prob. 19ECh. 30.4 - Prob. 20ECh. 30.4 - Prob. 21ECh. 30.4 - Prob. 22ECh. 30.4 - Prob. 23ECh. 30.4 - Prob. 24ECh. 30.4 - Prob. 25ECh. 30.4 - Prob. 26ECh. 30.4 - Prob. 27ECh. 30.4 - Prob. 28ECh. 30.4 - Prob. 29ECh. 30.4 - Prob. 30ECh. 30.4 - Prob. 31ECh. 30.4 - Prob. 32ECh. 30.4 - Prob. 33ECh. 30.4 - Prob. 34ECh. 30.4 - Prob. 35ECh. 30.4 - Prob. 36ECh. 30.4 - In Exercises 29–40, solve the given problems by...Ch. 30.4 - Prob. 38ECh. 30.4 - Prob. 39ECh. 30.4 - Prob. 40ECh. 30.5 - Expand f(x) = ex in a Taylor series with a = 3.
Ch. 30.5 - Prob. 1ECh. 30.5 - Prob. 2ECh. 30.5 - Prob. 3ECh. 30.5 - Prob. 4ECh. 30.5 - Prob. 5ECh. 30.5 - Prob. 6ECh. 30.5 - Prob. 7ECh. 30.5 - Prob. 8ECh. 30.5 - Prob. 9ECh. 30.5 - Prob. 10ECh. 30.5 - In Exercises 11–22, find the first three nonzero...Ch. 30.5 - Prob. 12ECh. 30.5 - Prob. 13ECh. 30.5 - Prob. 14ECh. 30.5 - Prob. 15ECh. 30.5 - Prob. 16ECh. 30.5 - In Exercises 11–22, find the first three nonzero...Ch. 30.5 - In Exercises 11–22, find the first three nonzero...Ch. 30.5 - Prob. 19ECh. 30.5 - Prob. 20ECh. 30.5 - Prob. 21ECh. 30.5 - Prob. 22ECh. 30.5 - Prob. 23ECh. 30.5 - Prob. 24ECh. 30.5 - Prob. 25ECh. 30.5 - Prob. 26ECh. 30.5 - Prob. 27ECh. 30.5 - Prob. 28ECh. 30.5 - Prob. 29ECh. 30.5 - Prob. 30ECh. 30.5 - Prob. 31ECh. 30.5 - Prob. 33ECh. 30.5 - Prob. 34ECh. 30.5 - In Exercises 31–38, solve the given...Ch. 30.5 - Prob. 36ECh. 30.5 - In Exercises 31–38, solve the given...Ch. 30.5 - Prob. 38ECh. 30.5 - In Exercises 39–42, use a calculator to display...Ch. 30.5 - In Exercises 39–42, use a calculator to display...Ch. 30.5 - In Exercises 39–42, use a calculator to display...Ch. 30.5 - In Exercises 39–42, use a calculator to display...Ch. 30.6 - In Example 2, in the definition of f(x), replace 1...Ch. 30.6 - Prob. 1ECh. 30.6 - Prob. 2ECh. 30.6 - In Exercises 3–14, find at least three nonzero...Ch. 30.6 - Prob. 4ECh. 30.6 - In Exercises 3–14, find at least three nonzero...Ch. 30.6 - Prob. 6ECh. 30.6 - In Exercises 3–14, find at least three nonzero...Ch. 30.6 - Prob. 8ECh. 30.6 - In Exercises 3–14, find at least three nonzero...Ch. 30.6 - Prob. 10ECh. 30.6 - Prob. 11ECh. 30.6 - Prob. 12ECh. 30.6 - Prob. 13ECh. 30.6 - Prob. 14ECh. 30.6 - Prob. 15ECh. 30.6 - Prob. 16ECh. 30.6 - Prob. 17ECh. 30.6 - Prob. 18ECh. 30.6 - Prob. 19ECh. 30.6 - Prob. 20ECh. 30.6 - In Exercises 21–24, solve the given problems.
21....Ch. 30.6 - In Exercises 21–24, solve the given problems.
22....Ch. 30.6 - In Exercises 21–24, solve the given problems.
23....Ch. 30.6 - Prob. 24ECh. 30.7 - Determine whether the following functions are even...Ch. 30.7 - Prob. 2PECh. 30.7 - Prob. 3PECh. 30.7 - In Exercises 1–4, write the Fourier series for...Ch. 30.7 - In Exercises 1–4, write the Fourier series for...Ch. 30.7 - In Exercises 1–4, write the Fourier series for...Ch. 30.7 - In Exercises 1–4, write the Fourier series for...Ch. 30.7 - In Exercises 5−12, determine whether the given...Ch. 30.7 - In Exercises 5–12, determine whether the given...Ch. 30.7 - In Exercises 5–12, determine whether the given...Ch. 30.7 - In Exercises 5–12, determine whether the given...Ch. 30.7 - In Exercises 5–12, determine whether the given...Ch. 30.7 - In Exercises 5–12, determine whether the given...Ch. 30.7 - In Exercises 5–12, determine whether the given...Ch. 30.7 - In Exercises 5–12, determine whether the given...Ch. 30.7 - In Exercises 13–16, determine whether the Fourier...Ch. 30.7 - In Exercises 13–16, determine whether the Fourier...Ch. 30.7 - In Exercises 13–16, determine whether the Fourier...Ch. 30.7 - In Exercises 13–16, determine whether the Fourier...Ch. 30.7 - Prob. 17ECh. 30.7 - Prob. 18ECh. 30.7 - Prob. 19ECh. 30.7 - Prob. 20ECh. 30.7 - Prob. 21ECh. 30.7 - Prob. 22ECh. 30.7 - Prob. 23ECh. 30.7 - Prob. 24ECh. 30.7 - Prob. 25ECh. 30.7 - Prob. 26ECh. 30.7 - Prob. 27ECh. 30.7 - In Exercises 23–28, solve the given problems.
28....Ch. 30 - Prob. 1RECh. 30 - Prob. 2RECh. 30 - Prob. 3RECh. 30 - Prob. 4RECh. 30 - Prob. 5RECh. 30 - Prob. 6RECh. 30 - Prob. 7RECh. 30 - Prob. 8RECh. 30 - Prob. 9RECh. 30 - Prob. 10RECh. 30 - Prob. 11RECh. 30 - Prob. 12RECh. 30 - Prob. 13RECh. 30 - Prob. 14RECh. 30 - Prob. 15RECh. 30 - Prob. 16RECh. 30 - Prob. 17RECh. 30 - Prob. 18RECh. 30 - Prob. 19RECh. 30 - Prob. 20RECh. 30 - Prob. 21RECh. 30 - Prob. 22RECh. 30 - Prob. 23RECh. 30 - Prob. 24RECh. 30 - Prob. 25RECh. 30 - Prob. 26RECh. 30 - Prob. 27RECh. 30 - Prob. 28RECh. 30 - Prob. 29RECh. 30 - Prob. 30RECh. 30 - Prob. 31RECh. 30 - Prob. 32RECh. 30 - Prob. 33RECh. 30 - Prob. 34RECh. 30 - Prob. 35RECh. 30 - Prob. 36RECh. 30 - Prob. 37RECh. 30 - Prob. 38RECh. 30 - Prob. 39RECh. 30 - Prob. 40RECh. 30 - Prob. 41RECh. 30 - Prob. 42RECh. 30 - Prob. 43RECh. 30 - Prob. 44RECh. 30 - Prob. 45RECh. 30 - Prob. 46RECh. 30 - Prob. 47RECh. 30 - Prob. 48RECh. 30 - Prob. 49RECh. 30 - Prob. 50RECh. 30 - Prob. 51RECh. 30 - Prob. 52RECh. 30 - Prob. 53RECh. 30 - Prob. 54RECh. 30 - Prob. 55RECh. 30 - In Exercises 43–80, solve the given...Ch. 30 - Prob. 57RECh. 30 - Prob. 58RECh. 30 - Prob. 59RECh. 30 - Prob. 60RECh. 30 - Prob. 61RECh. 30 - Prob. 62RECh. 30 - Prob. 63RECh. 30 - Prob. 64RECh. 30 - Prob. 65RECh. 30 - Prob. 66RECh. 30 - Prob. 67RECh. 30 - Prob. 68RECh. 30 - Prob. 69RECh. 30 - Prob. 70RECh. 30 - Prob. 71RECh. 30 - Prob. 72RECh. 30 - Prob. 73RECh. 30 - Prob. 74RECh. 30 - Prob. 75RECh. 30 - Prob. 76RECh. 30 - Prob. 77RECh. 30 - Prob. 78RECh. 30 - Prob. 79RECh. 30 - Prob. 80RECh. 30 - Prob. 81RECh. 30 - Prob. 1PTCh. 30 - Prob. 2PTCh. 30 - Prob. 3PTCh. 30 - Prob. 4PTCh. 30 - Prob. 5PTCh. 30 - Prob. 6PTCh. 30 - Prob. 7PT
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