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For each of the following two scenarios, evaluate the loss data and advise if loss experience (cost of auto accidents and property losses) is improving

For each of the following two scenarios, evaluate the loss data and advise if loss experience (cost of auto accidents and property losses) is improving or not AND explain your response:

Scenario 1:

YearCost of Auto Accidents Number of Autos

2011$100,00010

2012$150,00012

2013$175,00020

2014$225,00026

Scenario 2:

YearCost of Property LossesSquare Footage of Location

2011$100,00050,000

2012$150,00050,000

2013$175,00090,000

2014$225,000150,000

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