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Under the above assumptions, Wald's equation can be used to calculate the expected total claim amount when information about the average claim number per year and the average claim size is available. Under stronger assumptions and with more information about the underlying distributions, Panjer's recursion can be used to calculate the ...
1st year (12–13 years) 2nd year (13–14 years) 3rd year (14–15 years) 4th year/Transition Year(TY) (15–16 years) This year is optional. 5th year (16–17 years) 6th year (17–18 years) The content of the Religion course taught depends on the management of the school.
The above is obtained using a second order approximation, following the method used in estimating the first moment. It will be a poor approximation in cases where f ( X ) {\displaystyle f(X)} is highly non-linear.
Portable Document Format (PDF), standardized as ISO 32000, is a file format developed by Adobe in 1992 to present documents, including text formatting and images, in a manner independent of application software, hardware, and operating systems.
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Secondary data refers to data that is collected by someone other than the primary user. [1] Common sources of secondary data for social science include censuses, information collected by government departments, organizational records and data that was originally collected for other research purposes. [2]
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