STAT. FOR BEHAVIORAL SCIENCES WEBASSIGN
3rd Edition
ISBN: 9781544317823
Author: PRIVITERA
Publisher: Sage Publications
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Chapter A.6, Problem 3RP
5.
To determine
Convert 0.20 as a fraction
6.
To determine
Convert –0.35 as a fraction
7.
To determine
Convert 0.002 as a fraction
8.
To determine
Convert 0.0052 as a fraction
9.
To determine
Convert –0.8 as a fraction
10.
To determine
Convert 1.25 as a fraction
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Students have asked these similar questions
Using the accompanying Accounting Professionals data to answer the following questions.
a. Find and interpret a 90% confidence interval for the mean years of service.
b. Find and interpret a 90% confidence interval for the proportion of employees who have a graduate degree.
view the Accounting Professionals data.
Employee Years of Service Graduate Degree?1 26 Y2 8 N3 10 N4 6 N5 23 N6 5 N7 8 Y8 5 N9 26 N10 14 Y11 10 N12 8 Y13 7 Y14 27 N15 16 Y16 17 N17 21 N18 9 Y19 9 N20 9 N
Question content area bottom
Part 1
a. A 90% confidence interval for the mean years of service is
(Use ascending order. Round to two decimal places as needed.)
If, based on a sample size of 900,a political candidate finds that 509people would vote for him in a two-person race, what is the 95%confidence interval for his expected proportion of the vote? Would he be confident of winning based on this poll?
Question content area bottom
Part 1
A
9595%
confidence interval for his expected proportion of the vote is
(Use ascending order. Round to four decimal places as needed.)
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 A Solutions
STAT. FOR BEHAVIORAL SCIENCES WEBASSIGN
Ch. A.1 - Prob. 1RPCh. A.1 - Prob. 2RPCh. A.2 - Prob. 1RPCh. A.3 - Prob. 1.1LCCh. A.3 - Prob. 1.2LCCh. A.3 - Prob. 1.3LCCh. A.3 - Prob. 1.4LCCh. A.4 - Prob. 1RPCh. A.4 - Prob. 2RPCh. A.5 - Prob. 2.1LC
Ch. A.5 - Prob. 2.2LCCh. A.5 - Prob. 2.3LCCh. A.5 - Prob. 2.4LCCh. A.6 - Prob. 3.1LCCh. A.6 - Prob. 3.2LCCh. A.6 - Prob. 3.3LCCh. A.6 - Prob. 1RPCh. A.6 - Prob. 2RPCh. A.6 - Prob. 3RPCh. A.6 - Prob. 4RPCh. A.6 - Prob. 5RPCh. A.8 - Prob. 4.1LCCh. A.8 - Prob. 4.2LCCh. A.8 - Prob. 4.3LCCh. A.8 - Prob. 4.4LCCh. A.8 - Prob. 1RPCh. A.9 - Prob. 5.1LCCh. A.9 - Prob. 5.2LCCh. A.9 - Prob. 5.3LCCh. A.10 - Prob. 6.1LCCh. A.10 - Prob. 6.2LCCh. A.10 - Prob. 1RPCh. A.10 - Prob. 2RPCh. A.11 - Prob. 7.1LCCh. A.11 - Prob. 7.2LCCh. A.11 - Prob. 7.3LC
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