EBK MATHEMATICS FOR MACHINE TECHNOLOGY
7th Edition
ISBN: 9780100548169
Author: SMITH
Publisher: YUZU
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Chapter 39, Problem 55A
Subtract the following terms as indicated.
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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
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.
The numbered disks shown are placed in a box and one disk is selected at
random. Find the probability of selecting a 4, given that a green disk is selected.
Find the probability of selecting a 4, given that a green disk is selected.
(Type an integer or a simplified fraction.)
green
blue
green green
green
blue
green
blue
The table shows the distribution, by age, of a random sample of 3160 moviegoers ages 12-74. If one
moviegoer is randomly selected from this population, find the probability, expressed as a simplified fraction,
that the moviegoer is not in the 65-74 age range.
The probability is
(Type an integer or a simplified fraction.)
Age Distribution of Moviegoers
Ages
Number
12-24
1090
25-44
860
45-64
890
65-74
320
Chapter 39 Solutions
EBK MATHEMATICS FOR MACHINE TECHNOLOGY
Ch. 39 - Prob. 1ACh. 39 - Prob. 2ACh. 39 - Use the Table of Block Thicknesses for a Customary...Ch. 39 - Prob. 4ACh. 39 - Prob. 5ACh. 39 - Prob. 6ACh. 39 - Add the terms in the following expressions. 18y+yCh. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....
Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions. 4c3+0Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions. 5p+2p2Ch. 39 - Add the terms in the following expressions. a3+2a2Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Add the terms in the following expressions....Ch. 39 - Prob. 35ACh. 39 - Add the following expressions. 5x+7xy8y9x12xy+13yCh. 39 - Add the following expressions. 3a11d8ma+11d3mCh. 39 - Add the following expressions....Ch. 39 - Add the following expressions....Ch. 39 - Add the following expressions....Ch. 39 - Add the following expressions....Ch. 39 - Add the following expressions....Ch. 39 - Add the following expressions....Ch. 39 - Add the following expressions....Ch. 39 - Add the following expressions....Ch. 39 - Subtract the following terms as indicated....Ch. 39 - Subtract the following terms as indicated. 3xyxyCh. 39 - Subtract the following terms as indicated. 3xyxyCh. 39 - Subtract the following terms as indicated. 3xy(xy)Ch. 39 - Subtract the following terms as indicated....Ch. 39 - Subtract the following terms as indicated....Ch. 39 - Subtract the following terms as indicated....Ch. 39 - Subtract the following terms as indicated....Ch. 39 - Prob. 54ACh. 39 - Subtract the following terms as indicated....Ch. 39 - Subtract the following terms as indicated. 13a9a2Ch. 39 - Subtract the following terms as indicated....Ch. 39 - Subtract the following terms as indicated....Ch. 39 - Subtract the following terms as indicated. ax2ax2Ch. 39 - Subtract the following terms as indicated....Ch. 39 - Subtract the following terms as indicated....Ch. 39 - Subtract the following terms as indicated. 213xCh. 39 - Subtract the following terms as indicated. 3x21Ch. 39 - Subtract the following terms as indicated....Ch. 39 - Subtract the following terms as indicated....Ch. 39 - Subtract the following expressions as indicated....Ch. 39 - Subtract the following expressions as indicated....Ch. 39 - Subtract the following expressions as indicated....Ch. 39 - Subtract the following expressions as indicated....Ch. 39 - Subtract the following expressions as indicated....Ch. 39 - Subtract the following expressions as indicated....Ch. 39 - Subtract the following expressions as indicated....Ch. 39 - Subtract the following expressions as indicated....Ch. 39 - Subtract the following expressions as indicated....Ch. 39 - Subtract the following expressions as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated. (x)(x2)Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following terms as indicated....Ch. 39 - Multiply the following expressions as indicated...Ch. 39 - Multiply the following expressions as indicated...Ch. 39 - Multiply the following expressions as indicated...Ch. 39 - Multiply the following expressions as indicated...Ch. 39 - Multiply the following expressions as indicated...Ch. 39 - Multiply the following expressions as indicated...Ch. 39 - Multiply the following expressions as indicated...Ch. 39 - Multiply the following expressions as indicated...Ch. 39 - Multiply the following expressions as indicated...Ch. 39 - Multiply the following expressions as indicated...
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