WEB ASSIGN FOR ZILL'S DIFFERENTIAL EQUAT
9th Edition
ISBN: 9780357539545
Author: ZILL
Publisher: CENGAGE L
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Chapter B, Problem 60E
To determine
To show: That the matrix equation
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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.
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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).
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Overall Score
Samsung Ultrabook NP900X3C-A01US
1250
83
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1300
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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 B Solutions
WEB ASSIGN FOR ZILL'S DIFFERENTIAL EQUAT
Ch. B - Prob. 1ECh. B - Prob. 2ECh. B - Prob. 3ECh. B - Prob. 4ECh. B - Prob. 5ECh. B - Prob. 6ECh. B - Prob. 7ECh. B - Prob. 8ECh. B - Prob. 9ECh. B - Prob. 10E
Ch. B - Prob. 11ECh. B - Prob. 12ECh. B - Prob. 13ECh. B - Prob. 14ECh. B - In Problems 1522 determine whether the given...Ch. B - Prob. 16ECh. B - Prob. 17ECh. B - Prob. 18ECh. B - Prob. 19ECh. B - Prob. 20ECh. B - Prob. 21ECh. B - In Problems 1522 determine whether the given...Ch. B - Prob. 23ECh. B - Prob. 24ECh. B - Prob. 25ECh. B - Prob. 26ECh. B - Prob. 27ECh. B - Prob. 28ECh. B - Prob. 29ECh. B - Prob. 30ECh. B - Prob. 31ECh. B - Prob. 32ECh. B - Prob. 33ECh. B - Prob. 34ECh. B - Prob. 35ECh. B - Prob. 36ECh. B - Prob. 37ECh. B - Prob. 38ECh. B - Prob. 39ECh. B - Prob. 40ECh. B - Prob. 41ECh. B - Prob. 42ECh. B - Prob. 43ECh. B - Prob. 44ECh. B - Prob. 45ECh. B - Prob. 46ECh. B - Prob. 47ECh. B - Prob. 48ECh. B - Prob. 49ECh. B - Prob. 50ECh. B - Prob. 51ECh. B - Prob. 52ECh. B - Prob. 53ECh. B - Prob. 54ECh. B - Prob. 55ECh. B - Prob. 56ECh. B - Prob. 57ECh. B - Prob. 58ECh. B - Prob. 59ECh. B - Prob. 60ECh. B - Prob. 61ECh. B - Prob. 62E
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