Discrete Mathematics With Applications
5th Edition
ISBN: 9780357035283
Author: EPP
Publisher: Cengage
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Chapter 8.5, Problem 2TY
To determine
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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.
Answer questions 8.1.13 and 8.2.10 respectively
To help consumers in purchasing a laptop computer, Consumer Reports calculates an overall test score for each computer tested based upon rating factors such as ergonomics, portability, performance, display, and battery life. Higher overall scores indicate better test results. The following data show the average retail price and the overall score for ten 13-inch models (Consumer Reports website, October 25, 2012).
Brand & Model
Price ($)
Overall Score
Samsung Ultrabook NP900X3C-A01US
1250
83
Apple MacBook Air MC965LL/A
1300
83
Apple MacBook Air MD231LL/A
1200
82
HP ENVY 13-2050nr Spectre XT
950
79
Sony VAIO SVS13112FXB
800
77
Acer Aspire S5-391-9880 Ultrabook
1200
74
Apple MacBook Pro MD101LL/A
1200
74
Apple MacBook Pro MD313LL/A
1000
73
Dell Inspiron I13Z-6591SLV
700
67
Samsung NP535U3C-A01US
600
63
a. Select a scatter diagram with price as the independent variable.
b. What does the scatter diagram developed in part (a) indicate about the relationship…
Chapter 8 Solutions
Discrete Mathematics With Applications
Ch. 8.1 - If R is a relation from A to B, xA , and yB , the...Ch. 8.1 - Prob. 2TYCh. 8.1 - Prob. 3TYCh. 8.1 - Prob. 4TYCh. 8.1 - If R is a relation on a set A, the directed graph...Ch. 8.1 - As in Example 8.1.2, the congruence modulo 2...Ch. 8.1 - Prove that for all integers m and n,m-n is even...Ch. 8.1 - The congruence modulo 3 relation, T, is defined...Ch. 8.1 - Define a relation P on Z as follows: For every...Ch. 8.1 - Prob. 5ES
Ch. 8.1 - Let X={a,b,c}. Define a relation J on P(X) as...Ch. 8.1 - Define a relation R on Z as follows: For all...Ch. 8.1 - Prob. 8ESCh. 8.1 - Let A be the set of all strings of 0’s, 1’s, and...Ch. 8.1 - Let A={3,4,5} and B={4,5,6} and let R be the “less...Ch. 8.1 - Let A={3,4,5} and B={4,5,6} and let S be the...Ch. 8.1 - Prob. 12ESCh. 8.1 - Prob. 13ESCh. 8.1 - Draw the directed graphs of the relations defined...Ch. 8.1 - Draw the directed graphs of the relations defined...Ch. 8.1 - Prob. 16ESCh. 8.1 - Prob. 17ESCh. 8.1 - Draw the directed graphs of the relations defined...Ch. 8.1 - Exercises 19-20 refer to unions and intersections...Ch. 8.1 - Prob. 20ESCh. 8.1 - Define relation R and S on R as follows:...Ch. 8.1 - Prob. 22ESCh. 8.1 - Prob. 23ESCh. 8.1 - Prob. 24ESCh. 8.2 - For a relation R on a set A to be reflexive means...Ch. 8.2 - For a relation R on a set A to be symmetric means...Ch. 8.2 - For a relation R on a set A to be transitive means...Ch. 8.2 - Prob. 4TYCh. 8.2 - Prob. 5TYCh. 8.2 - Prob. 6TYCh. 8.2 - Prob. 7TYCh. 8.2 - Prob. 8TYCh. 8.2 - Prob. 9TYCh. 8.2 - Prob. 10TYCh. 8.2 - Prob. 1ESCh. 8.2 - In 1-8, a number of relations are defined on the...Ch. 8.2 - Prob. 3ESCh. 8.2 - Prob. 4ESCh. 8.2 - In 1-8, a number of relations are defined on the...Ch. 8.2 - In 1-8, a number of relations are defined on the...Ch. 8.2 - In 1-8, a number of relations are defined on the...Ch. 8.2 - In 1-8, a number of relations are defined on the...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 9—33, determine whether the given relation is...Ch. 8.2 - In 9—33, determine whether the given relation is...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - Prob. 15ESCh. 8.2 - Prob. 16ESCh. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - Prob. 18ESCh. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - Prob. 20ESCh. 8.2 - Prob. 21ESCh. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - Prob. 24ESCh. 8.2 - In 9-33, determine whether the given is reflexive...Ch. 8.2 - Prob. 26ESCh. 8.2 - Prob. 27ESCh. 8.2 - Prob. 28ESCh. 8.2 - Prob. 29ESCh. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - Prob. 31ESCh. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 34-36, assume that R is a relation on a et A....Ch. 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 - In 37-42, assume that R and S are relations on a...Ch. 8.2 - In 43-50, the following definitions are used: A...Ch. 8.2 - Prob. 44ESCh. 8.2 - Prob. 45ESCh. 8.2 - Prob. 46ESCh. 8.2 - Prob. 47ESCh. 8.2 - In 43-50, the following definitions are used: A...Ch. 8.2 - Prob. 49ESCh. 8.2 - Prob. 50ESCh. 8.2 - Prob. 51ESCh. 8.2 - In 51—53, R, S, and T are relations defined on...Ch. 8.2 - Prob. 53ESCh. 8.2 - Prob. 54ESCh. 8.2 - Prob. 55ESCh. 8.2 - Prob. 56ESCh. 8.3 - For a relation on a set to be an equivalence...Ch. 8.3 - The notation m=n(modd) is...Ch. 8.3 - Prob. 3TYCh. 8.3 - Prob. 4TYCh. 8.3 - Prob. 5TYCh. 8.3 - Prob. 6TYCh. 8.3 - Prob. 1ESCh. 8.3 - Prob. 2ESCh. 8.3 - Prob. 3ESCh. 8.3 - In each of 3—6, the relation R is an equivalence...Ch. 8.3 - Prob. 5ESCh. 8.3 - In each of 3-6, the relation R is an equivalence...Ch. 8.3 - Prob. 7ESCh. 8.3 - Prob. 8ESCh. 8.3 - Prob. 9ESCh. 8.3 - In each of 7-14, relation R is an equivalence...Ch. 8.3 - Prob. 11ESCh. 8.3 - In each of 7-14, relation R is an equivalence...Ch. 8.3 - In each of 7-14, the relation R is an equivalence...Ch. 8.3 - In each of 7—14, the relation R is an equivalence...Ch. 8.3 - Determine which of the following congruence...Ch. 8.3 - Let R be the relation of congruence modulo 3....Ch. 8.3 - Prob. 17ESCh. 8.3 - Prob. 18ESCh. 8.3 - In 19-31, (1) prove that the relation is an...Ch. 8.3 - Prob. 20ESCh. 8.3 - Prob. 21ESCh. 8.3 - Prob. 22ESCh. 8.3 - Prob. 23ESCh. 8.3 - In 19-31. (1) prove that the relation is an...Ch. 8.3 - In 19-31,(1) prove that the relation is an...Ch. 8.3 - Prob. 26ESCh. 8.3 - Prob. 27ESCh. 8.3 - Prob. 28ESCh. 8.3 - Prob. 29ESCh. 8.3 - Prob. 30ESCh. 8.3 - In 19—31, (1) prove that the relation is an...Ch. 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 - Let A=Z+Z+ . Define a relation R on A as follows:...Ch. 8.3 - Prob. 45ESCh. 8.3 - Let R be a relation on a set A and suppose R is...Ch. 8.3 - Refer to the quote at the beginning of this...Ch. 8.4 - When letters of the alphabet are encrypted using...Ch. 8.4 - Prob. 2TYCh. 8.4 - Prob. 3TYCh. 8.4 - Prob. 4TYCh. 8.4 - Prob. 5TYCh. 8.4 - Prob. 6TYCh. 8.4 - Prob. 7TYCh. 8.4 - Prob. 8TYCh. 8.4 - Fermat’s little theorem says that if p is any...Ch. 8.4 - Prob. 10TYCh. 8.4 - Prob. 1ESCh. 8.4 - Use the Caesar cipher to encrypt the message AN...Ch. 8.4 - Prob. 3ESCh. 8.4 - Let a=68, b=33, and n=7. Verify that 7|(68-33)....Ch. 8.4 - Prove the transitivity of modular congruence. That...Ch. 8.4 - Prob. 6ESCh. 8.4 - Verify the following statements. 128=2(mod7) and...Ch. 8.4 - Verify the following statements. 45=3 (mod 6) and...Ch. 8.4 - Prob. 9ESCh. 8.4 - In 9-11, prove each of the given statements,...Ch. 8.4 - In 9-11, prove each of the given statements,...Ch. 8.4 - Prove that for every integer n0,10n=1(mod9) . Use...Ch. 8.4 - Prob. 13ESCh. 8.4 - Prob. 14ESCh. 8.4 - Prob. 15ESCh. 8.4 - In 16-18, use the techniques of Example 8.4.4 and...Ch. 8.4 - Prob. 17ESCh. 8.4 - Prob. 18ESCh. 8.4 - Prob. 19ESCh. 8.4 - Prob. 20ESCh. 8.4 - Prob. 21ESCh. 8.4 - In 19-24, use the RSA cipher from Examples 8.4.9...Ch. 8.4 - Prob. 23ESCh. 8.4 - Prob. 24ESCh. 8.4 - Prob. 25ESCh. 8.4 - Prob. 26ESCh. 8.4 - In 26 and 27, use the extended Euclidean algorithm...Ch. 8.4 - Prob. 28ESCh. 8.4 - Prob. 29ESCh. 8.4 - Prob. 30ESCh. 8.4 - Find an inverse for 210 modulo 13. Find appositive...Ch. 8.4 - Find an inverse for 41 modulo 660. Find the least...Ch. 8.4 - Prob. 33ESCh. 8.4 - Prob. 34ESCh. 8.4 - Prob. 35ESCh. 8.4 - In 36,37,39 and 40, use the RSA cipher with public...Ch. 8.4 - Prob. 37ESCh. 8.4 - Find the least positive inverse for 43 modulo 660.Ch. 8.4 - Prob. 39ESCh. 8.4 - Prob. 40ESCh. 8.4 - Prob. 41ESCh. 8.4 - Prob. 42ESCh. 8.4 - Prob. 43ESCh. 8.5 - Prob. 1TYCh. 8.5 - Prob. 2TYCh. 8.5 - Prob. 3TYCh. 8.5 - Prob. 4TYCh. 8.5 - Prob. 5TYCh. 8.5 - Prob. 6TYCh. 8.5 - Prob. 7TYCh. 8.5 - Prob. 8TYCh. 8.5 - Prob. 9TYCh. 8.5 - Prob. 10TYCh. 8.5 - Each of the following is a relation on {0,1,2,3}...Ch. 8.5 - Prob. 2ESCh. 8.5 - Let S be the set of all strings of a’s and b’s....Ch. 8.5 - Prob. 4ESCh. 8.5 - Prob. 5ESCh. 8.5 - Let P be the set of all people who have ever lived...Ch. 8.5 - Prob. 7ESCh. 8.5 - Prob. 8ESCh. 8.5 - Prob. 9ESCh. 8.5 - Suppose R and S are antisymmetric relations on a...Ch. 8.5 - Let A={a,b}, and supposeAhas the partial order...Ch. 8.5 - Prob. 12ESCh. 8.5 - Let A={a,b} . Describe all partial order relations...Ch. 8.5 - Let A={a,b,c}. Describe all partial order...Ch. 8.5 - Prob. 15ESCh. 8.5 - Consider the “divides” relation on each of the...Ch. 8.5 - Prob. 17ESCh. 8.5 - Let S={0,1} and consider the partial order...Ch. 8.5 - Let S={0,1} and consider the partial order...Ch. 8.5 - Let S={0,1} and consider the partial order...Ch. 8.5 - Consider the “divides” relation defined on the set...Ch. 8.5 - Prob. 22ESCh. 8.5 - Prob. 23ESCh. 8.5 - Prob. 24ESCh. 8.5 - Prob. 25ESCh. 8.5 - Prob. 26ESCh. 8.5 - Prob. 27ESCh. 8.5 - Prob. 28ESCh. 8.5 - Prob. 29ESCh. 8.5 - Prob. 30ESCh. 8.5 - Prob. 31ESCh. 8.5 - Prob. 32ESCh. 8.5 - Consider the set A={12,24,48,3,9} ordered by the...Ch. 8.5 - Suppose that R is a partial order relation on a...Ch. 8.5 - Prob. 35ESCh. 8.5 - The set A={2,4,3,6,12,18,24} is partially ordered...Ch. 8.5 - Find a chain of length 2 for the relation defined...Ch. 8.5 - Prob. 38ESCh. 8.5 - Prob. 39ESCh. 8.5 - Prob. 40ESCh. 8.5 - Prob. 41ESCh. 8.5 - Prob. 42ESCh. 8.5 - Prob. 43ESCh. 8.5 - Prob. 44ESCh. 8.5 - Prob. 45ESCh. 8.5 - Prob. 46ESCh. 8.5 - Prob. 47ESCh. 8.5 - Prob. 48ESCh. 8.5 - Prob. 49ESCh. 8.5 - A set S of jobs can be ordered by writing x_y to...Ch. 8.5 - Suppose the tasks described in Example 8.5.12...
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