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Injury Year Estimated # claims Estimated $ per claim 1994 1021 $415,326.26 1995 1087 $448,871.57 1996 1184 $477,333.66 1997 1291 $490,215.19 1998 1191 516,696.63 1999

Injury Year

Estimated # claims

Estimated $ per claim

1994

1021

$415,326.26

1995

1087

$448,871.57

1996

1184

$477,333.66

1997

1291

$490,215.19

1998

1191

516,696.63

1999

1098

587,233.93

2000

1055

536,983.82

2001

1110

403,504.39

a. Calculate the mean or average number of claims per year for medical malpractice insurance in Texas over the four-year period 1994-1997

b. Calculate the mean or average number of claims per year for medical malpractice insurance in Texas over the four-year period 1998-2001.

c. Calculate the mean or average dollar value per claim per year for medical malpractice insurance in Texas over the four-year period 1994-19987 (in 2009 dollars).

d. Calculate the mean or average dollar value per claim per year for medical malpractice insurance in Texas over the four-year period 1998-2001 (in 2009 dollars).

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