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From the claims data below, calculate the year 7 Bhlmann credibility premiums for each of the three contracts. Years Contract 1 2 3 4
From the claims data below, calculate the year 7 Bhlmann credibility premiums for each of the three contracts. Years Contract 1 2 3 4 10 5 9 1 2 39 4 4 0 2 0 9 00 8 7 9 8 7 3 14 15 14 14 12 11 (a) Next year premium for contract 1. (b) Next year premium for contract 2. (c) Next year premium for contract 3. (A) 2.21 (B) 2.27 (C) 2.23 (D) 2.25 (E) 2.29 ): Select Part (a) choices. (A) 7.96 (B) 8.02 (C) 8.00 (D) 7.98 (E) 7.94 -): Select Part (b) choices. (A) 13.25 (B) 13.23 (C) 13.21 (D) 13.19 (E) 13.27 ): Select Part (c) choices.
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