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The Coleman–Liau index is a readability test designed by Meri Coleman and T. L. Liau to gauge the understandability of a text. Like the Flesch–Kincaid Grade Level, Gunning fog index, SMOG index, and Automated Readability Index, its output approximates the U.S. grade level thought necessary to comprehend the text.
The automated readability index (ARI) is a readability test for English texts, designed to gauge the understandability of a text. Like the Flesch–Kincaid grade level, Gunning fog index, SMOG index, Fry readability formula, and Coleman–Liau index, it produces an approximate representation of the US grade level needed to comprehend the text.
An increased limit factor (ILF) at limit L relative to basic limit B can be defined as = + + + + + + ()where ALAE is the allocated loss adjustment expense provision, ULAE is the unallocated loss adjustment expense provision, and RL is the risk load provision.
Ultimate loss amounts are necessary for determining an insurance company's carried reserves. They are also useful for determining adequate insurance premiums, when loss experience is used as a rating factor [4] [5] [6] Loss development factors are used in all triangular methods of loss reserving, [7] such as the chain-ladder method.
Ratings for insurance companies matter because they highlight the financial stability of an insurer and help people gauge if the company will be able to provide them with the money they need in ...
Reliability index is an attempt to quantitatively assess the reliability of a system using a single numerical value. [1] The set of reliability indices varies depending on the field of engineering, multiple different indices may be used to characterize a single system.
Sample of a well maintained data [clarification needed]. In statistics and research design, an index is a composite statistic – a measure of changes in a representative group of individual data points, or in other words, a compound measure that aggregates multiple indicators.
Multiple empirical formulae exist that relate the loss factor to the load factor (Dickert et al. in 2009 listed nine [5]). Similarly, the ratio between the average and the peak current is called form coefficient k [ 6 ] or peak responsibility factor k , [ 7 ] its typical value is between 0.2 to 0.8 for distribution networks and 0.8 to 0.95 for ...