Differential Equations: An Introduction to Modern Methods and Applications
Differential Equations: An Introduction to Modern Methods and Applications
3rd Edition
ISBN: 9781118531778
Author: James R. Brannan, William E. Boyce
Publisher: WILEY
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Chapter A.2, Problem 1P

In each case, reduce A to row reduce echelon form and determine rank ( A ) .

(a) A = ( 1 3 4 2 6 8 )

(b) A = ( 0 0 1 0 1 0 1 0 0 )

(c) A = ( 1 2 1 2 1 3 1 5 3 )

(d) A = ( 1 0 2 1 1 1 1 0 1 1 3 2 2 3 1 1 )

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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.
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Chapter A Solutions

Differential Equations: An Introduction to Modern Methods and Applications

Ch. A.2 - In each case, reduce A to row reduce echelon form...Ch. A.2 - In each of Problems 2 through 5, if there exist...Ch. A.2 - In each of Problems 2 through 5, if there exist...Ch. A.2 - In each of Problems 2 through 5, if there exist...Ch. A.2 - In each of Problems 2 through 5, if there exist...Ch. A.2 - In each of Problems 6 through 9. Find the general...Ch. A.2 - In each of Problems 6 through 9. Find the general...Ch. A.2 - In each of Problems 6 through 9. Find the general...Ch. A.2 - In each of Problems 6 through 9. Find the general...Ch. A.2 - In each of Problems 10 through 14, determine...Ch. A.2 - In each of Problems 10 through 14, determine...Ch. A.2 - In each of Problems 10 through 14, determine...Ch. A.2 - In each of Problems 10 through 14, determine...Ch. A.2 - In each of Problems 10 through 14, determine...Ch. A.2 - In each of Problems 15 through 17, determine...Ch. A.2 - In each of Problems 15 through 17, determine...Ch. A.2 - In each of Problems 15 through 17, determine...Ch. A.3 - In each of Problems 1 through 10, use elementary...Ch. A.3 - In each of Problems 1 through 10, use elementary...Ch. A.3 - In each of Problems 1 through 10, use elementary...Ch. A.3 - In each of Problems 1 through 10, use elementary...Ch. A.3 - In each of Problems 1 through 10, use elementary...Ch. A.3 - In each of Problems 1 through 10, use elementary...Ch. A.3 - In each of Problems 1 through 10, use elementary...Ch. A.3 - In each of Problems 1 through 10, use elementary...Ch. A.3 - In each of Problems 1 through 10, use elementary...Ch. A.3 - In each of Problems 1 through 10, use elementary...Ch. A.3 - Let and Verify that . Ch. A.3 - If A is nonsingular, show that |A1|=1/|A|.Ch. A.3 - In each of Problems 13 through 15, find all values...Ch. A.3 - In each of Problems 13 through 15, find all values...Ch. A.3 - In each of Problems 13 through 15, find all values...Ch. A.4 - In each of Problems 1 through 10, find all...Ch. A.4 - In each of Problems 1 through 10, find all...Ch. A.4 - In each of Problems 1 through 10, find all...Ch. A.4 - In each of Problems 1 through 10, find all...Ch. A.4 - In each of Problems 1 through 10, find all...Ch. A.4 - In each of Problems 1 through 10, find all...Ch. A.4 - In each of Problems 1 through 10, find all...Ch. A.4 - In each of Problems 1 through 10, find all...Ch. A.4 - In each of Problems 1 through 10, find all...Ch. A.4 - In each of Problems 1 through 10, find all...Ch. A.4 - In each Problems 11 through 16, find the...Ch. A.4 - In each Problems 11 through 16, find the...Ch. A.4 - In each Problems 11 through 16, find the...Ch. A.4 - In each Problems 11 through 16, find the...Ch. A.4 - In each Problems 11 through 16, find the...Ch. A.4 - In each Problems 11 through 16, find the...Ch. A.4 - In each of Problems 17 through 20, use a computer...Ch. A.4 - In each of Problems 17 through 20, use a computer...Ch. A.4 - In each of Problems 17 through 20, use a computer...Ch. A.4 - In each of Problems 17 through 20, use a computer...
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