Calculus Volume 3
16th Edition
ISBN: 9781938168079
Author: Gilbert Strang, Edwin Jed Herman
Publisher: OpenStax
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Chapter 7.1, Problem 43E
Solve the boundary-value problem, if possible.
43.
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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.
Please type out answer
Please type out answer
Chapter 7 Solutions
Calculus Volume 3
Ch. 7.1 - Classify each of the following equations as linear...Ch. 7.1 - Classify each of the following equations as linear...Ch. 7.1 - Classify each of the following equations as linear...Ch. 7.1 - Classify each of the following equations as linear...Ch. 7.1 - Classify each of the following equations as linear...Ch. 7.1 - Classify each of the following equations as linear...Ch. 7.1 - For each of the following problems, verify that...Ch. 7.1 - For each of the following problems, verify that...Ch. 7.1 - For each of the following problems, verify that...Ch. 7.1 - For each of the following problems, verify that...
Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Find the general solution to the linear...Ch. 7.1 - Solve the initial-value problem. 31. y+5y+6y=0 , ...Ch. 7.1 - Solve the initial-value problem. 32. y+2y8y=0 , ...Ch. 7.1 - Solve the initial-value problem. 33. y+4y=0 , ...Ch. 7.1 - Solve the initial-value problem. 34. y18y+81y=0 , ...Ch. 7.1 - Solve the initial-value problem. 35. yy30y=0 , ...Ch. 7.1 - Solve the initial-value problem. 36. 4y+4y8y=0 , ...Ch. 7.1 - Solve the initial-value problem. 37. 25y+10y+y=0 ,...Ch. 7.1 - Solve the initial-value problem. 38. y+y=0 , ...Ch. 7.1 - Solve the boundary-value problem, if possible. 39....Ch. 7.1 - Solve the boundary-value problem, if possible. 40....Ch. 7.1 - Solve the boundary-value problem, if possible. 41....Ch. 7.1 - Solve the boundary-value problem, if possible. 42....Ch. 7.1 - Solve the boundary-value problem, if possible. 43....Ch. 7.1 - Solve the boundary-value problem, if possible. 44....Ch. 7.1 - Solve the boundary-value problem, if possible. 45....Ch. 7.1 - Solve the boundary-value problem, if possible. 46....Ch. 7.1 - Find a differential equation with a general...Ch. 7.1 - Find a differential equation with a general...Ch. 7.1 - For each of the following differential equations:...Ch. 7.1 - For each of the following differential equations:...Ch. 7.1 - For each of the following differential equations:...Ch. 7.1 - (Principle of superposition) Prove that if y1(x)...Ch. 7.1 - Prove that if a, b, and c are positive constants,...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - Solve the following equations using the method of...Ch. 7.2 - In each of the following problems, a. Write the...Ch. 7.2 - In each of the following problems, a. Write the...Ch. 7.2 - In each of the following problems, a. Write the...Ch. 7.2 - In each of the following problems, a. Write the...Ch. 7.2 - In each of the following problems, a. Write the...Ch. 7.2 - In each of the following problems, a. Write the...Ch. 7.2 - Solve the differential equation using either the...Ch. 7.2 - Solve the differential equation using either the...Ch. 7.2 - Solve the differential equation using either the...Ch. 7.2 - Solve the differential equation using either the...Ch. 7.2 - Solve the differential equation using the method...Ch. 7.2 - Solve the differential equation using the method...Ch. 7.2 - Solve the differential equation using the method...Ch. 7.2 - Solve the differential equation using the method...Ch. 7.2 - Find the unique solution satisfying the...Ch. 7.2 - Find the unique solution satisfying the...Ch. 7.2 - Find the unique solution satisfying the...Ch. 7.2 - Find the unique solution satisfying the...Ch. 7.2 - In each of the following problems, two linearly...Ch. 7.2 - In each of the following problems, two linearly...Ch. 7.3 - Landing Vehicle NASA is planning a mission to...Ch. 7.3 - Landing Vehicle NASA is planning a mission to...Ch. 7.3 - Landing Vehicle NASA is planning a mission to...Ch. 7.3 - Landing Vehicle NASA is planning a mission to...Ch. 7.3 - Landing Vehicle NASA is planning a mission to...Ch. 7.3 - Landing Vehicle NASA is planning a mission to...Ch. 7.3 - Resonance Consider an undamped system exhibiting...Ch. 7.3 - Resonance Consider an undamped system exhibiting...Ch. 7.3 - Resonance Consider an undamped system exhibiting...Ch. 7.3 - Resonance Consider an undamped system exhibiting...Ch. 7.3 - Resonance Consider an undamped system exhibiting...Ch. 7.3 - A mass weighing 4 lb stretches a spring 8 in. Find...Ch. 7.3 - A mass weighing 2 lb stretches a spring 2 ft. Find...Ch. 7.3 - A 100-g mass stretches a spring 0.1 m. Find the...Ch. 7.3 - A 400-g mass swatches a spring 5 cm. Find the...Ch. 7.3 - A block has a mass of 9 kg and is attached to a...Ch. 7.3 - A block has a mass of 5 kg and is attached to a...Ch. 7.3 - A 1-kg mass is attached to a vertical spring with...Ch. 7.3 - An 800-lb weight (25 slugs) is attached to a...Ch. 7.3 - A 9-kg mass is attached to a vertical spring with...Ch. 7.3 - A l-kg mass stretches a spring 6.25 cm. The...Ch. 7.3 - A 32-lb weight (1 slug) stretches a vertical...Ch. 7.3 - A 64-lb weight is attached to a vertical spring...Ch. 7.3 - A mass that weighs 8 lb stretches a spring 6...Ch. 7.3 - A mass that weighs 6 lb stretches a spring 3 in....Ch. 7.3 - Find the charge on the capacitor in an RLC series...Ch. 7.3 - Find the charge on the capacitor in an RLC series...Ch. 7.3 - A series circuit consists of a device where L=1H ,...Ch. 7.3 - A series circuit consists of a device where L=12H...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7.4 - Find a power series solution for the following...Ch. 7 - True or False? Justify your answer with a proof or...Ch. 7 - True or False? Justify your answer with a proof or...Ch. 7 - True or False? Justify your answer with a proof or...Ch. 7 - True or False? Justify your answer with a proof or...Ch. 7 - Classify the differential equation. Determine the...Ch. 7 - Classify the differential equation. Determine the...Ch. 7 - Classify the differential equation. Determine the...Ch. 7 - Classify the differential equation. Determine the...Ch. 7 - For the following problems, find the general...Ch. 7 - For the following problems, find the general...Ch. 7 - For the following problems, find the general...Ch. 7 - For the following problems, find the general...Ch. 7 - For the following problems, find the general...Ch. 7 - For the following problems, find the general...Ch. 7 - For the following problems, find the general...Ch. 7 - For the following problems, find the general...Ch. 7 - For the following problems, find the solution to...Ch. 7 - For the following problems, find the solution to...Ch. 7 - For the following problems, find the solution to...Ch. 7 - For the following problems, find the solution to...Ch. 7 - For the following problem, set up and solve the...Ch. 7 - The following problems consider the “beats” that...Ch. 7 - The following problems consider the “beats” that...Ch. 7 - The following problems consider the “beats” that...Ch. 7 - For the following problem, set up and solve the...
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