Path To College Mathematics
1st Edition
ISBN: 9780134654409
Author: Martin-Gay, K. Elayn, 1955-
Publisher: Pearson,
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 8, Problem 7CR
To determine
Tosketch:
The graph of the equation
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
+
Find the first five non-zero terms of the Taylor series for f(x) = sin(2x)
centered at 4π.
+
+
+
...
+
+
...
Find the first five non-zero terms of the Taylor series for f(x)
centered at x = 4.
=
1
x
+
+
+
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 8 Solutions
Path To College Mathematics
Ch. 8.1 - Prob. 1ESCh. 8.1 - Prob. 2ESCh. 8.1 - For each set of numbers, find the mean, median,...Ch. 8.1 - Prob. 4ESCh. 8.1 - Prob. 5ESCh. 8.1 - Prob. 6ESCh. 8.1 - Prob. 7ESCh. 8.1 - For each set of numbers, find the mean, median,...Ch. 8.1 - Prob. 9ESCh. 8.1 - Prob. 10ES
Ch. 8.1 - Prob. 11ESCh. 8.1 - Prob. 12ESCh. 8.1 - Prob. 13ESCh. 8.1 - The ten tallest buildings in the world, completed...Ch. 8.1 - Prob. 15ESCh. 8.1 - Prob. 16ESCh. 8.1 - Prob. 17ESCh. 8.1 - Prob. 18ESCh. 8.1 - Prob. 19ESCh. 8.1 - During an experiment, the following times (in...Ch. 8.1 - Prob. 21ESCh. 8.1 - Prob. 22ESCh. 8.1 - Prob. 23ESCh. 8.1 - Prob. 24ESCh. 8.1 - Prob. 25ESCh. 8.1 - Prob. 26ESCh. 8.1 - Prob. 27ESCh. 8.1 - Prob. 28ESCh. 8.1 - Prob. 29ESCh. 8.1 - Prob. 30ESCh. 8.1 - Below are lengths for the six longest rivers in...Ch. 8.1 - Prob. 32ESCh. 8.1 - Prob. 33ESCh. 8.1 - Prob. 34ESCh. 8.1 - Prob. 35ESCh. 8.1 - Prob. 36ESCh. 8.1 - Prob. 37ESCh. 8.1 - Prob. 38ESCh. 8.1 - Prob. 39ESCh. 8.1 - Prob. 40ESCh. 8.1 - Prob. 41ESCh. 8.1 - Prob. 42ESCh. 8.1 - Prob. 43ESCh. 8.1 - Prob. 44ESCh. 8.1 - Prob. 45ESCh. 8.1 - Prob. 46ESCh. 8.1 - Prob. 47ESCh. 8.1 - Prob. 48ESCh. 8.1 - Prob. 49ESCh. 8.1 - Prob. 50ESCh. 8.1 - Prob. 51ESCh. 8.1 - Prob. 52ESCh. 8.1 - Prob. 53ESCh. 8.1 - Prob. 54ESCh. 8.1 - Prob. 55ESCh. 8.1 - Prob. 56ESCh. 8.1 - Prob. 57ESCh. 8.1 - Prob. 58ESCh. 8.1 - Prob. 59ESCh. 8.1 - Prob. 60ESCh. 8.1 - Prob. 61ESCh. 8.1 - Prob. 62ESCh. 8.2 - Prob. 1ESCh. 8.2 - Prob. 2ESCh. 8.2 - Find the range for each data set. See Example 1....Ch. 8.2 - Prob. 4ESCh. 8.2 - Prob. 5ESCh. 8.2 - Prob. 6ESCh. 8.2 - Prob. 7ESCh. 8.2 - Prob. 8ESCh. 8.2 - Prob. 9ESCh. 8.2 - Prob. 10ESCh. 8.2 - Prob. 11ESCh. 8.2 - Prob. 12ESCh. 8.2 - Prob. 13ESCh. 8.2 - Prob. 14ESCh. 8.2 - Prob. 15ESCh. 8.2 - Prob. 16ESCh. 8.2 - Prob. 17ESCh. 8.2 - Prob. 18ESCh. 8.2 - Prob. 19ESCh. 8.2 - Prob. 20ESCh. 8.2 - Prob. 21ESCh. 8.2 - Prob. 22ESCh. 8.2 - Prob. 23ESCh. 8.2 - Prob. 24ESCh. 8.2 - Prob. 25ESCh. 8.2 - Prob. 26ESCh. 8.2 - Prob. 27ESCh. 8.2 - Prob. 28ESCh. 8.2 - Prob. 29ESCh. 8.2 - Prob. 30ESCh. 8.2 - Prob. 31ESCh. 8.2 - Prob. 32ESCh. 8.2 - Prob. 33ESCh. 8.2 - Prob. 34ESCh. 8.2 - Prob. 35ESCh. 8.2 - Prob. 36ESCh. 8.2 - Prob. 37ESCh. 8.2 - Prob. 38ESCh. 8.2 - Prob. 39ESCh. 8.2 - Prob. 40ESCh. 8.2 - Prob. 41ESCh. 8.2 - Prob. 42ESCh. 8.3 - Prob. 1ESCh. 8.3 - Prob. 2ESCh. 8.3 - Prob. 3ESCh. 8.3 - Prob. 4ESCh. 8.3 - Prob. 5ESCh. 8.3 - Prob. 6ESCh. 8.3 - Prob. 7ESCh. 8.3 - Prob. 8ESCh. 8.3 - Prob. 9ESCh. 8.3 - Prob. 10ESCh. 8.3 - Prob. 11ESCh. 8.3 - Prob. 12ESCh. 8.3 - Prob. 13ESCh. 8.3 - Prob. 14ESCh. 8.3 - Prob. 15ESCh. 8.3 - Prob. 16ESCh. 8.3 - Prob. 17ESCh. 8.3 - Prob. 18ESCh. 8.3 - Prob. 19ESCh. 8.3 - Prob. 20ESCh. 8.3 - Prob. 21ESCh. 8.3 - Prob. 22ESCh. 8.3 - Prob. 23ESCh. 8.3 - Prob. 24ESCh. 8.3 - Prob. 25ESCh. 8.3 - Prob. 26ESCh. 8.3 - Prob. 27ESCh. 8.3 - Prob. 28ESCh. 8.3 - Prob. 29ESCh. 8.3 - Prob. 30ESCh. 8.3 - Prob. 31ESCh. 8.3 - Prob. 32ESCh. 8.3 - Prob. 33ESCh. 8.3 - Prob. 34ESCh. 8.3 - Prob. 35ESCh. 8.3 - Prob. 36ESCh. 8.3 - Prob. 37ESCh. 8.3 - Prob. 38ESCh. 8.3 - Prob. 39ESCh. 8.3 - Prob. 40ESCh. 8.3 - Prob. 41ESCh. 8.3 - Prob. 42ESCh. 8.3 - Prob. 43ESCh. 8.3 - Prob. 44ESCh. 8.3 - Prob. 45ESCh. 8.3 - Prob. 46ESCh. 8.3 - Prob. 47ESCh. 8.3 - Prob. 48ESCh. 8.3 - Prob. 49ESCh. 8.3 - Prob. 50ESCh. 8.3 - Prob. 51ESCh. 8.3 - Prob. 52ESCh. 8.3 - Prob. 53ESCh. 8.3 - Prob. 54ESCh. 8.3 - Prob. 55ESCh. 8.3 - Prob. 56ESCh. 8.3 - Prob. 57ESCh. 8.3 - Prob. 58ESCh. 8.3 - Prob. 59ESCh. 8.3 - Prob. 60ESCh. 8.3 - Prob. 61ESCh. 8.3 - Prob. 62ESCh. 8.3 - Prob. 63ESCh. 8.3 - Prob. 64ESCh. 8.3 - Prob. 65ESCh. 8.3 - Prob. 66ESCh. 8.3 - Prob. 67ESCh. 8.3 - Prob. 68ESCh. 8.3 - Prob. 69ESCh. 8.3 - Prob. 70ESCh. 8.3 - Prob. 71ESCh. 8.3 - Prob. 72ESCh. 8.3 - Prob. 73ESCh. 8.3 - Prob. 74ESCh. 8.3 - Prob. 75ESCh. 8.3 - Prob. 76ESCh. 8.3 - Prob. 77ESCh. 8.3 - Prob. 78ESCh. 8.3 - Prob. 79ESCh. 8 - Prob. 1VCCh. 8 - Prob. 2VCCh. 8 - Prob. 3VCCh. 8 - Prob. 4VCCh. 8 - Prob. 5VCCh. 8 - Prob. 6VCCh. 8 - Prob. 7VCCh. 8 - Prob. 8VCCh. 8 - Prob. 9VCCh. 8 - Prob. 10VCCh. 8 - Prob. 11VCCh. 8 - Prob. 12VCCh. 8 - Prob. 13VCCh. 8 - Prob. 14VCCh. 8 - Prob. 15VCCh. 8 - Prob. 16VCCh. 8 - Prob. 1RCh. 8 - Prob. 2RCh. 8 - Prob. 3RCh. 8 - Prob. 4RCh. 8 - Prob. 5RCh. 8 - Prob. 6RCh. 8 - Prob. 7RCh. 8 - Prob. 8RCh. 8 - Prob. 9RCh. 8 - Prob. 10RCh. 8 - Prob. 11RCh. 8 - Prob. 12RCh. 8 - Prob. 13RCh. 8 - Prob. 14RCh. 8 - Prob. 15RCh. 8 - Prob. 16RCh. 8 - Prob. 17RCh. 8 - Prob. 18RCh. 8 - Prob. 19RCh. 8 - Prob. 20RCh. 8 - Prob. 21RCh. 8 - Prob. 22RCh. 8 - Prob. 23RCh. 8 - Prob. 24RCh. 8 - Prob. 25RCh. 8 - Prob. 26RCh. 8 - Prob. 27RCh. 8 - Prob. 28RCh. 8 - Prob. 29RCh. 8 - Prob. 30RCh. 8 - Prob. 31RCh. 8 - Prob. 32RCh. 8 - Prob. 33RCh. 8 - Prob. 34RCh. 8 - Prob. 35RCh. 8 - Prob. 36RCh. 8 - Prob. 37RCh. 8 - Prob. 38RCh. 8 - Prob. 39RCh. 8 - Prob. 40RCh. 8 - Prob. 41RCh. 8 - Prob. 42RCh. 8 - Prob. 43RCh. 8 - Prob. 44RCh. 8 - Prob. 1GRFTCh. 8 - Prob. 2GRFTCh. 8 - Prob. 3GRFTCh. 8 - Prob. 4GRFTCh. 8 - Prob. 5GRFTCh. 8 - Prob. 6GRFTCh. 8 - Prob. 7GRFTCh. 8 - Prob. 8GRFTCh. 8 - Prob. 9GRFTCh. 8 - Prob. 10GRFTCh. 8 - Prob. 11GRFTCh. 8 - Prob. 12GRFTCh. 8 - Prob. 1TCh. 8 - Prob. 2TCh. 8 - Prob. 3TCh. 8 - Prob. 4TCh. 8 - Prob. 5TCh. 8 - Prob. 6TCh. 8 - Prob. 7TCh. 8 - Prob. 8TCh. 8 - Prob. 9TCh. 8 - Prob. 10TCh. 8 - Prob. 11TCh. 8 - Prob. 12TCh. 8 - Prob. 13TCh. 8 - Prob. 14TCh. 8 - Prob. 15TCh. 8 - Prob. 16TCh. 8 - Prob. 17TCh. 8 - Prob. 18TCh. 8 - Prob. 19TCh. 8 - Prob. 1CRCh. 8 - Prob. 2CRCh. 8 - Prob. 3CRCh. 8 - Prob. 4CRCh. 8 - Prob. 5CRCh. 8 - Prob. 6CRCh. 8 - Prob. 7CRCh. 8 - Prob. 8CRCh. 8 - Prob. 9CRCh. 8 - Prob. 10CRCh. 8 - Prob. 11CRCh. 8 - Prob. 12CRCh. 8 - Prob. 13CRCh. 8 - Prob. 14CRCh. 8 - Prob. 15CRCh. 8 - Prob. 16CRCh. 8 - Prob. 17CRCh. 8 - Prob. 18CRCh. 8 - Prob. 19CRCh. 8 - Prob. 20CRCh. 8 - Solve: (5x1)(2x2+15x+18)=0.Ch. 8 - Prob. 22CRCh. 8 - Prob. 23CRCh. 8 - Prob. 24CRCh. 8 - Prob. 25CRCh. 8 - Prob. 26CRCh. 8 - Prob. 27CRCh. 8 - Prob. 28CRCh. 8 - Prob. 29CRCh. 8 - Prob. 30CRCh. 8 - Prob. 31CRCh. 8 - Prob. 32CRCh. 8 - Prob. 33CRCh. 8 - Prob. 34CRCh. 8 - Prob. 35CRCh. 8 - Prob. 36CRCh. 8 - Prob. 37CRCh. 8 - Prob. 38CRCh. 8 - Prob. 39CRCh. 8 - Prob. 40CRCh. 8 - Prob. 41CRCh. 8 - Prob. 42CRCh. 8 - Prob. 43CRCh. 8 - Prob. 44CR
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- 7. 11 m 12.7 m 14 m S V=B₁+ B2(h) 9.5 m 16 m h+s 2 na 62-19 = 37 +, M h² = Bu-29arrow_forwardFind the interval and radius of convergence for the given power series. n=0 (− 1)" xn 7" (n² + 2) The series is convergent on the interval: The radius of convergence is R =arrow_forwardFind the interval and radius of convergence for the given power series. n=1 (x-4)" n( - 8)" The series is convergent on the interval: The radius of convergence is R =arrow_forward
- Find the interval and radius of convergence for the given power series. n=0 10"x" 7(n!) The series is convergent on the interval: The radius of convergence is R =arrow_forwardwhat would a of a interscribed angle be with an arc of 93 degrees and inside abgles of 111 and 98arrow_forwardFrom a sample of 26 graduate students, the mean number of months of work experience prior to entering an MBA program was 34.67. The national standard deviation is known to be18 months. What is a 90% confidence interval for the population mean? Question content area bottom Part 1 A 9090% confidence interval for the population mean is left bracket nothing comma nothing right bracketenter your response here,enter your response here. (Use ascending order. Round to two decimal places as needed.)arrow_forward
- A person leaves home and walks 3 miles west, then 4 miles southwest. How far from home is she? miles In what direction must she walk to head directly home? degrees North of East Question Help: Video Submit Question Jump to Answerarrow_forwardwhats this answer Ginger records her grades for each assignment in science.arrow_forwardConsider the electrical circuit shown in Figure P6-41. It consists of two closed loops. Taking the indicated directions of the currents as positive, obtain the differential equations governing the currents I1 and I2 flowing through the resistor R and inductor L, respectively.arrow_forward
- Solve the following initial value problem the initial conditions aw +3. = 12z+18 +9, Əz2 მი w(x, 0)=2x3+3x²+8x ду From (38) auction we obtain follow (x, 0) =i (6x²-6x+2).arrow_forwardCalculus lll May I please have the semicolon statements in the boxes explained and completed? Thank you so mucharrow_forwardSolve the following systems of equations and show all work.y = x2 + 3y = x + 5 Please type out answerarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Elementary AlgebraAlgebraISBN:9780998625713Author:Lynn Marecek, MaryAnne Anthony-SmithPublisher:OpenStax - Rice University
Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
Elementary Algebra
Algebra
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:OpenStax - Rice University
Algebra: Structure And Method, Book 1
Algebra
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:McDougal Littell
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
What is a Linear Equation in One Variable?; Author: Don't Memorise;https://www.youtube.com/watch?v=lDOYdBgtnjY;License: Standard YouTube License, CC-BY
Linear Equation | Solving Linear Equations | What is Linear Equation in one variable ?; Author: Najam Academy;https://www.youtube.com/watch?v=tHm3X_Ta_iE;License: Standard YouTube License, CC-BY