MyLab Math with Pearson eText -- Access Card -- for Thinking Mathematically
7th Edition
ISBN: 9780134705095
Author: Robert F. Blitzer
Publisher: PEARSON
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Chapter 9.3, Problem 1CVC
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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.
Chapter 9 Solutions
MyLab Math with Pearson eText -- Access Card -- for Thinking Mathematically
Ch. 9.1 - CHECK POINT 1 Convert: a. 78 inches to feet b....Ch. 9.1 - CHECK POINT 2
a. Convert 8000 meters to...Ch. 9.1 - CHECK POINT 3 a. Convert 8 feet to centimeters. b....Ch. 9.1 - CHECK POINT 4 A road in Europe has a speed limit...Ch. 9.1 - The result obtained from measuring length is...Ch. 9.1 - In the English system, _________ in. = 1 ft,...Ch. 9.1 - Fractions such as 12 in . 1 ft and 1 yd 3 ...Ch. 9.1 - In the metric system, 1 km= __________ m, l hm =...Ch. 9.1 - In Exercises 5-8, determine whether each statement...Ch. 9.1 - In Exercises 5-8, determine whether each statement...
Ch. 9.1 - Prob. 7CVCCh. 9.1 - Prob. 8CVCCh. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 1-16, use dimensional analysis to...Ch. 9.1 - In Exercises 17-26, use the diagram in the box on...Ch. 9.1 - In Exercises 17-26, use the diagram in the box on...Ch. 9.1 - In Exercises 17-26, use the diagram in the box on...Ch. 9.1 - In Exercises 17-26, use the diagram in the box on...Ch. 9.1 - In Exercises 17-26, use the diagram in the box on...Ch. 9.1 - In Exercises 17-26, use the diagram in the box on...Ch. 9.1 - In Exercises 17-26, use the diagram in the box on...Ch. 9.1 - In Exercises 17-26, use the diagram in the box on...Ch. 9.1 - In Exercises 17-26, use the diagram in the box on...Ch. 9.1 - In Exercises 17-26, use the diagram in the box on...Ch. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - Prob. 33ECh. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - Prob. 36ECh. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - Prob. 42ECh. 9.1 - In Exercises 27-44, use the following English and...Ch. 9.1 - Prob. 44ECh. 9.1 - Use 1 mi ≈ 1 .6 km to solve Exercises 45-48....Ch. 9.1 - Prob. 46ECh. 9.1 - Use 1 mi ≈ 1 .6 km to solve Exercises 45-48....Ch. 9.1 - Use 1 mi ≈ 1 .6 km to solve Exercises 45-48....Ch. 9.1 - In Exercises 49-52, use the unit fractions 36 in...Ch. 9.1 - In Exercises 49-52, use the unit fractions 36 in...Ch. 9.1 - In Exercises 49-52, use the unit fractions
51....Ch. 9.1 - In Exercises 49-52, use the unit fractions 36 in...Ch. 9.1 - In Exercises 53-54, use the unit fractions
53....Ch. 9.1 - In Exercises 53-54, use the unit fractions 5280 ...Ch. 9.1 - Use unit fractions to express 120 miles per hour...Ch. 9.1 - Prob. 56ECh. 9.1 - In Exercises 57-66, selecting from millimeter,...Ch. 9.1 - In Exercises 57-66, selecting from millimeter,...Ch. 9.1 - In Exercises 57-66, selecting from millimeter,...Ch. 9.1 - In Exercises 57-66, selecting from millimeter,...Ch. 9.1 - Prob. 61ECh. 9.1 - Prob. 62ECh. 9.1 - In Exercises 57-66, selecting from millimeter,...Ch. 9.1 - In Exercises 57-66, selecting from millimeter,...Ch. 9.1 - In Exercises 57-66, selecting from millimeter,...Ch. 9.1 - In Exercises 57-66, selecting from millimeter,...Ch. 9.1 - Prob. 67ECh. 9.1 - Prob. 68ECh. 9.1 - Prob. 69ECh. 9.1 - Prob. 70ECh. 9.1 - Prob. 71ECh. 9.1 - In Exercises 67-74, select the best estimate for...Ch. 9.1 - In Exercises 67-74, select the best estimate for...Ch. 9.1 - Prob. 74ECh. 9.1 - Prob. 75ECh. 9.1 - Prob. 76ECh. 9.1 - Prob. 77ECh. 9.1 - Prob. 78ECh. 9.1 - Prob. 79ECh. 9.1 - Exercises 79-80 give the approximate length of...Ch. 9.1 - Prob. 81ECh. 9.1 - Exercises 81-82 give the approximate height of...Ch. 9.1 - Exercises 83-84 give the average rainfall of some...Ch. 9.1 - Prob. 84ECh. 9.1 - Prob. 85ECh. 9.1 - 86. Describe how to use dimensional analysis to...Ch. 9.1 - Prob. 87ECh. 9.1 - Prob. 88ECh. 9.1 - Prob. 89ECh. 9.1 - What kind of difficulties might arise if the...Ch. 9.1 - Prob. 91ECh. 9.1 - Prob. 92ECh. 9.1 - Make Sense? In Exercises 92-95, determine whether...Ch. 9.1 - Prob. 94ECh. 9.1 - Prob. 95ECh. 9.1 - Prob. 96ECh. 9.1 - Prob. 97ECh. 9.1 - Prob. 98ECh. 9.1 - Prob. 99ECh. 9.1 - Prob. 100ECh. 9.2 - CHECK POINT 1 What is the area of the region...Ch. 9.2 - CHECK POINT 2 The population of California is...Ch. 9.2 - Prob. 3CPCh. 9.2 - CHECK POINT 4 A property in northern California is...Ch. 9.2 - CHECK POINT 5 What is the volume of the region...Ch. 9.2 - CHECK POINT 6 A pool has a volume of 10,000 cubic...Ch. 9.2 - CHECK POINT 7 A fish pond has a volume of 220,000...Ch. 9.2 - CHECK POINT 8 A physician orders 20 cc of the...Ch. 9.2 - Prob. 1CVCCh. 9.2 - Prob. 2CVCCh. 9.2 - Because 1 mi 2 = 640 acres, the unit fraction...Ch. 9.2 - Prob. 4CVCCh. 9.2 - Prob. 5CVCCh. 9.2 - Prob. 6CVCCh. 9.2 - Prob. 7CVCCh. 9.2 - In Exercises 8-10, determine whether each...Ch. 9.2 - In Exercises 8-10, determine whether each...Ch. 9.2 - In Exercises 8-10, determine whether each...Ch. 9.2 - Prob. 1ECh. 9.2 - In Exercises 1-4, use the given figure to find its...Ch. 9.2 - In Exercises 1-4, use the given figure to find its...Ch. 9.2 - In Exercises 1-4, use the given figure to find its...Ch. 9.2 - In Exercises 5-12, use Table 9.4 on page 588,...Ch. 9.2 - In Exercises 5-12, use Table 9.4 on page 588,...Ch. 9.2 - In Exercises 5-12, use Table 9.4 on page 588,...Ch. 9.2 - In Exercises 5-12, use Table 9.4 on page 588,...Ch. 9.2 - In Exercises 5-12, use Table 9.4 on page 588,...Ch. 9.2 - Prob. 10ECh. 9.2 - In Exercises 5-12, use Table 9.4 on page 588,...Ch. 9.2 - Prob. 12ECh. 9.2 - In Exercises 13-14, use the given figure to find...Ch. 9.2 - In Exercises 13-14, use the given figure to find...Ch. 9.2 - In Exercises 15-22, use Table 9.5 on page590,...Ch. 9.2 - In Exercises 15-22, use Table 9.5 on page590,...Ch. 9.2 - In Exercises 15-22, use Table 9.5 on page590,...Ch. 9.2 - In Exercises 15-22, use Table 9.5 on page590,...Ch. 9.2 - In Exercises 15-22, use Table 9.5 on page590,...Ch. 9.2 - In Exercises 15-22, use Table 9.5 on page590,...Ch. 9.2 - In Exercises 15-22, use Table 9.5 on page590,...Ch. 9.2 - In Exercises 15-22, use Table 9.5 on page590,...Ch. 9.2 - In Exercises 23-32, use Table 9.7 on page 591,...Ch. 9.2 - Prob. 24ECh. 9.2 - In Exercises 23-32, use Table 9.7 on page 591,...Ch. 9.2 - Prob. 26ECh. 9.2 - In Exercises 23-32, use Table 9.7 on page 591,...Ch. 9.2 - Prob. 28ECh. 9.2 - Prob. 29ECh. 9.2 - Prob. 30ECh. 9.2 - Prob. 31ECh. 9.2 - Prob. 32ECh. 9.2 - In Exercises 33-48, use Table 9.8 on page 591,...Ch. 9.2 - Prob. 34ECh. 9.2 - Prob. 35ECh. 9.2 - Prob. 36ECh. 9.2 - Prob. 37ECh. 9.2 - Prob. 38ECh. 9.2 - In Exercises 33-48, use Table 9.8 on page 591,...Ch. 9.2 - Prob. 40ECh. 9.2 - Prob. 41ECh. 9.2 - In Exercises 33-48, use Table 9.8 on page 591,...Ch. 9.2 - Prob. 43ECh. 9.2 - Prob. 44ECh. 9.2 - In Exercises 33-48, use Table 9.8 on page 591,...Ch. 9.2 - Prob. 46ECh. 9.2 - In Exercises 33-48, use Table 9.8 on page 591,...Ch. 9.2 - In Exercises 33-48, use Table 9.8 on page 591,...Ch. 9.2 - The bar graph shows the resident population and...Ch. 9.2 - The bar graph shows the resident population and...Ch. 9.2 - The bar graph shows the resident population and...Ch. 9.2 - Prob. 52ECh. 9.2 - In Exercises 53-54, find the population density,...Ch. 9.2 - In Exercises 53-54, find the population density,...Ch. 9.2 - Prob. 55ECh. 9.2 - Prob. 56ECh. 9.2 - A property that measures 8 hectares is for sale....Ch. 9.2 - Prob. 58ECh. 9.2 - Prob. 59ECh. 9.2 - Prob. 60ECh. 9.2 - Prob. 61ECh. 9.2 - Prob. 62ECh. 9.2 - Prob. 63ECh. 9.2 - Prob. 64ECh. 9.2 - Prob. 65ECh. 9.2 - Prob. 66ECh. 9.2 - Prob. 67ECh. 9.2 - Prob. 68ECh. 9.2 - Prob. 69ECh. 9.2 - Prob. 70ECh. 9.2 - Prob. 71ECh. 9.2 - Prob. 72ECh. 9.2 - Exercises 73-74 give the approximate area of some...Ch. 9.2 - Exercises 73-74 give the approximate area of some...Ch. 9.2 - (Source for Exercises 71-74: Russell Ash, The Top...Ch. 9.2 - Prob. 76ECh. 9.2 - Prob. 77ECh. 9.2 - Prob. 78ECh. 9.2 - Prob. 79ECh. 9.2 - Prob. 80ECh. 9.2 - Prob. 81ECh. 9.2 - Prob. 82ECh. 9.2 - Prob. 83ECh. 9.2 - Prob. 84ECh. 9.2 - Prob. 85ECh. 9.2 - Prob. 86ECh. 9.2 - Prob. 87ECh. 9.2 - 88. Nebraska has a population density of 23.8...Ch. 9.2 - Prob. 89ECh. 9.2 - Prob. 90ECh. 9.2 - Prob. 91ECh. 9.2 - Prob. 92ECh. 9.2 - Prob. 93ECh. 9.3 - CHECK POINT I a. Convert 4.2 dg to mg. b. Convert...Ch. 9.3 - Prob. 2CPCh. 9.3 - Prob. 3CPCh. 9.3 - Prob. 4CPCh. 9.3 - Prob. 5CPCh. 9.3 - Prob. 6CPCh. 9.3 - Prob. 1CVCCh. 9.3 - Prob. 2CVCCh. 9.3 - Prob. 3CVCCh. 9.3 - Prob. 4CVCCh. 9.3 - On the Fahrenheit temperature scale, water freezes...Ch. 9.3 - 6. On the Celsius temperature scale, water freezes...Ch. 9.3 - Prob. 7CVCCh. 9.3 - Prob. 8CVCCh. 9.3 - Prob. 9CVCCh. 9.3 - Prob. 10CVCCh. 9.3 - In Exercises 1-10, convert the given unit of...Ch. 9.3 - In Exercises 1-10, convert the given unit of...Ch. 9.3 - In Exercises 1-10, convert the given unit of...Ch. 9.3 - In Exercises 1-10, convert the given unit of...Ch. 9.3 - In Exercises 1-10, convert the given unit of...Ch. 9.3 - In Exercises 1-10, convert the given unit of...Ch. 9.3 - In Exercises 1-10, convert the given unit of...Ch. 9.3 - In Exercises 1-10, convert the given unit of...Ch. 9.3 - In Exercises 1-10, convert the given unit of...Ch. 9.3 - In Exercises 1-10, convert the given unit of...Ch. 9.3 - In Exercises 11-18, use Table 9.10 on page 598 to...Ch. 9.3 - In Exercises 11-18, use Table 9.10 on page 598 to...Ch. 9.3 - In Exercises 11-18, use Table 9.10 on page 598 to...Ch. 9.3 - In Exercises 11-18, use Table 9.10 on page 598 to...Ch. 9.3 - In Exercises 11-18, use Table 9.10 on page 598 to...Ch. 9.3 - In Exercises 11-18, use Table 9.10 on page 598 to...Ch. 9.3 - In Exercises 11-18, use Table 9.10 on page 598 to...Ch. 9.3 - In Exercises 11-18, use Table 9.10 on page 598 to...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 19-30, use the following equivalents,...Ch. 9.3 - In Exercises 31-38, convert the given Celsius...Ch. 9.3 - In Exercises 31-38, convert the given Celsius...Ch. 9.3 - In Exercises 31—38, convert the given Celsius...Ch. 9.3 - In Exercises 31-38, convert the given Celsius...Ch. 9.3 - In Exercises 31-38, convert the given Celsius...Ch. 9.3 - In Exercises 31-38, convert the given Celsius...Ch. 9.3 - In Exercises 31-38, convert the given Celsius...Ch. 9.3 - In Exercises 31—38, convert the given Celsius...Ch. 9.3 - Prob. 39ECh. 9.3 - Prob. 40ECh. 9.3 - In Exercises 39-50, convert the given Fahrenheit...Ch. 9.3 - In Exercises 39-50, convert the given Fahrenheit...Ch. 9.3 - Prob. 43ECh. 9.3 - In Exercises 39-50, convert the given Fahrenheit...Ch. 9.3 - In Exercises 39-50, convert the given Fahrenheit...Ch. 9.3 - 46.
In Exercises 39-50, convert the given...Ch. 9.3 - In Exercises 39-50, convert the given Fahrenheit...Ch. 9.3 - Prob. 48ECh. 9.3 - Prob. 49ECh. 9.3 - Prob. 50ECh. 9.3 - Prob. 51ECh. 9.3 - Prob. 52ECh. 9.3 - Prob. 53ECh. 9.3 - Prob. 54ECh. 9.3 - Prob. 55ECh. 9.3 - Prob. 56ECh. 9.3 - Prob. 57ECh. 9.3 - Prob. 58ECh. 9.3 - Prob. 59ECh. 9.3 - Prob. 60ECh. 9.3 - Prob. 61ECh. 9.3 - Prob. 62ECh. 9.3 - Prob. 63ECh. 9.3 - Prob. 64ECh. 9.3 - Prob. 65ECh. 9.3 - Prob. 66ECh. 9.3 -
Ch. 9.3 - Prob. 68ECh. 9.3 - Prob. 69ECh. 9.3 - Prob. 70ECh. 9.3 - Which is more economical: purchasing the economy...Ch. 9.3 - Exercises 72-73 ask you to determine drug dosage...Ch. 9.3 -
Ch. 9.3 - Prob. 74ECh. 9.3 - The label on a bottle of Emetrol (“for food or...Ch. 9.3 - Prob. 76ECh. 9.3 - Prob. 77ECh. 9.3 - Prob. 78ECh. 9.3 - Prob. 79ECh. 9.3 - Prob. 80ECh. 9.3 - Prob. 81ECh. 9.3 - Prob. 82ECh. 9.3 - Prob. 83ECh. 9.3 - Prob. 84ECh. 9.3 - Prob. 85ECh. 9.3 - Prob. 86ECh. 9.3 - Prob. 87ECh. 9.3 - Prob. 88ECh. 9.3 - Prob. 89ECh. 9.3 - Prob. 90ECh. 9.3 - Prob. 91ECh. 9.3 - Prob. 92ECh. 9.3 - Prob. 93ECh. 9.3 - Prob. 94ECh. 9.3 - Prob. 95ECh. 9.3 - Prob. 96ECh. 9.3 - Prob. 97ECh. 9.3 - Prob. 98ECh. 9.3 - Prob. 99ECh. 9.3 - Prob. 100ECh. 9.3 - Prob. 101ECh. 9.3 - Prob. 102ECh. 9 - In Exercises 1-4, use dimensional analysis to...Ch. 9 - In Exercises 1-4, use dimensional analysis to...Ch. 9 - In Exercises 1-4, use dimensional analysis to...Ch. 9 - In Exercises 1-4, use dimensional analysis to...Ch. 9 - Prob. 5RECh. 9 - Prob. 6RECh. 9 - Prob. 7RECh. 9 - Prob. 8RECh. 9 - Prob. 9RECh. 9 - Prob. 10RECh. 9 - Prob. 11RECh. 9 - Prob. 12RECh. 9 - Prob. 13RECh. 9 - Prob. 14RECh. 9 - Prob. 15RECh. 9 - Prob. 16RECh. 9 - Prob. 17RECh. 9 - Prob. 18RECh. 9 - 19. Arrange from smallest to largest: 0.024 km,...Ch. 9 - Prob. 20RECh. 9 - Prob. 21RECh. 9 - Prob. 22RECh. 9 - Prob. 23RECh. 9 - Prob. 24RECh. 9 - Prob. 25RECh. 9 - Prob. 26RECh. 9 - Prob. 27RECh. 9 - Prob. 28RECh. 9 - Prob. 29RECh. 9 - Prob. 30RECh. 9 - Prob. 31RECh. 9 - Prob. 32RECh. 9 - Prob. 33RECh. 9 - Prob. 34RECh. 9 - Prob. 35RECh. 9 - Prob. 36RECh. 9 - Prob. 37RECh. 9 - 38. Explain why the area of Texas could not be...Ch. 9 - Prob. 39RECh. 9 - Prob. 40RECh. 9 - Prob. 41RECh. 9 - Prob. 42RECh. 9 - Prob. 43RECh. 9 - Prob. 44RECh. 9 - Prob. 45RECh. 9 - 46. Using 1 , convert 392 grams to ounces.
Ch. 9 - Prob. 47RECh. 9 - Prob. 48RECh. 9 - Prob. 49RECh. 9 - Prob. 50RECh. 9 - In Exercises 50-51, select the best estimate for...Ch. 9 - Prob. 52RECh. 9 - Prob. 53RECh. 9 - Prob. 54RECh. 9 - Prob. 55RECh. 9 - Prob. 56RECh. 9 - Prob. 57RECh. 9 - Prob. 58RECh. 9 - Prob. 59RECh. 9 - Prob. 60RECh. 9 - Prob. 61RECh. 9 - Prob. 62RECh. 9 - Prob. 63RECh. 9 - Prob. 1TCh. 9 - Prob. 2TCh. 9 - Prob. 3TCh. 9 - In Exercises 4-6, write the most reasonable metric...Ch. 9 - Prob. 5TCh. 9 - Prob. 6TCh. 9 - 7. If 1 mile 1.6 kilometers, express 80 miles per...Ch. 9 - Prob. 8TCh. 9 - Australia has a population of 22,992,654 and an...Ch. 9 - Prob. 10TCh. 9 - 11. The area of a dollar bill is...Ch. 9 - Prob. 12TCh. 9 - 13. The label on a bottle of Pepto Bismol...Ch. 9 - 14. A swimming pool has a volume of 10,000 cubic...Ch. 9 - 15. The capacity of a pail used to wash floors is...Ch. 9 - Prob. 16TCh. 9 - 17. The prescribed dosage of a drug is 10 mg/kg...Ch. 9 - In Exercises 18-19, write the most reasonable...Ch. 9 - Prob. 19TCh. 9 - Prob. 20TCh. 9 - 21. Convert 176°F to Celsius.
Ch. 9 - Prob. 22T
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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
Elementary Geometry For College Students, 7e
Geometry
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Cengage,
2.1 Introduction to inequalities; Author: Oli Notes;https://www.youtube.com/watch?v=D6erN5YTlXE;License: Standard YouTube License, CC-BY
GCSE Maths - What are Inequalities? (Inequalities Part 1) #56; Author: Cognito;https://www.youtube.com/watch?v=e_tY6X5PwWw;License: Standard YouTube License, CC-BY
Introduction to Inequalities | Inequality Symbols | Testing Solutions for Inequalities; Author: Scam Squad Math;https://www.youtube.com/watch?v=paZSN7sV1R8;License: Standard YouTube License, CC-BY