FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are given the following information about two classes of business, where X is the loss for an individual insured: Class 1 Class 2 Number

image text in transcribed
image text in transcribed
You are given the following information about two classes of business, where X is the loss for an individual insured: Class 1 Class 2 Number of insureds 25 50 E[X ] 380 23 E[X2] 365,000 You are also given that an analysis has resulted in a Buhlmann K value of 2.65. Calculate the process variance of Class 2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Metastability A Potential-Theoretic Approach

Metastability A Potential-Theoretic Approach

Authors: Anton Bovier, Frank Den Hollander

1st Edition

3319247778, 9783319247779

More Books

Students also viewed these Mathematics questions

Question

★★★★★
A box rests on the (frictionless) bed of a truck. The truck driver starts the truck and accelerates forward. The box immediately starts to slide toward the rear of the truck bed. Discuss the motion...

Answered: 1 week ago

Question

★★★★★
The form of strategy most suitable for the business: deliberate, emergent, detergent, contingent etc?

Answered: 1 week ago

Question

★★★★★
1. What factors lead to criminal behaviour?

Answered: 1 week ago

Question

★★★★★
A project manager has compiled a list of major activities that will be required to install a computer information system in her firm. The list includes estimated completion times for activities and...

Answered: 1 week ago

Question

★★★★★
PLEASE ANSWER all questions and show your work. Thank you! A company is considering two alternative methods of producing a new product. The relevant data concerning the alternatives appear below: At...

Answered: 1 week ago

Question

★★★★★
The current risk-free rate of return ( rRF) is 3.86% while the market risk premium is 6.17%. The Roosevelt Company has a beta of 0.92. Using the capital asset pricing model (CAPM) approach,...

Answered: 1 week ago

Question

★★★★★
In "The New Momism," Susan Douglas and Meredith Michaels chart a "set of ideals, norms, and practices" that have emerged and gained in strength since the 1980s. Propagated in large part by mainstream...

Answered: 1 week ago

Question

★★★★★
getBarbrood ustuprates of bloq mont triog rose heyro 11. Eliminate the parameter from the parametric equations - x(t)=t 1, y(t) = log(2t). (OS)=(S)

Answered: 1 week ago

Question

★★★★★
6. What resources are available to the front office manager? Rank the importance of these resources in providing service to guests and supervising employees. 7. How does the front office manager...

Answered: 1 week ago

Question

★★★★★
Choose a local or international organisation with which you are familiar. All of your answers must be based on this organisation. You must be able to easily obtain the required background information...

Answered: 1 week ago

Question

★★★★★
Paul, Sarker, and Essam (2016) identified four types of supply chain disruption risks. Based on course readings and your experience, in 3/4 paragraphs, address the following: Which are the greatest...

Answered: 1 week ago

Question

★★★★★
Problem 3: [25 pts] Consider the integral / 12 sin(3x) cos(2x) de. A. [10 pts] Use integration by parts twice to evaluate / 12 sin(3x) cos(2x) dx. Hint: After you integrate by parts twice, what do...

Answered: 1 week ago

Question

★★★★★
3. Try to clarify how you think when you are going to write a note aimed at influencing the leader of the department. Remember, it is not what you think, but how you think that should be clarified....

Answered: 1 week ago

Question

★★★★★
2. Take as your starting point a conflict you experienced recently with a close friend. Try to go through the communication that took place and answer the following questions: a) What was the main...

Answered: 1 week ago

Question

★★★★★
2. In this chapter, the reader should reflect on the following concepts: Differences, relationships, processes, patterns, contexts, symmetrical rela-tionships, complementary relationships, linear...

Answered: 1 week ago

Previous Question Next Question