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For insurance, the loss ratio is the ratio of total losses incurred (paid and reserved) in claims plus adjustment expenses divided by the total premiums earned. [1] For example, if an insurance company pays $60 in claims for every $100 in collected premiums, then its loss ratio is 60% with a profit ratio/gross margin of 40% or $40.
An important part of data analysis and presentation is the visualization (or plotting) of data. The subject of plotting Likert (and other) rating data is discussed at length in two papers by Robbins and Heiberger. [18] In the first they recommend the use of what they call diverging stacked bar charts and compare them to other plotting styles.
A Pareto chart is a type of chart that contains both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line. The chart is named for the Pareto principle , which, in turn, derives its name from Vilfredo Pareto , a noted Italian economist.
Microsoft Corp. (NASDAQ: MSFT) reported fiscal 2013 first-quarter results after markets closed today. For the quarter, the world's largest software company posted diluted earnings per share (EPS ...
Every year, celebrities try to capitalize on the holiday season by releasing festive music. Singers like Mariah Carey, Ariana Grande, and Michael Bublé managed to perfect the cheesy art form ...
Statistical graphics have been central to the development of science and date to the earliest attempts to analyse data. Many familiar forms, including bivariate plots, statistical maps, bar charts, and coordinate paper were used in the 18th century. Statistical graphics developed through attention to four problems: [3]
Related: 16 Games Like Wordle To Give You Your Word Game Fix More Than Once Every 24 Hours We'll have the answer below this friendly reminder of how to play the game .
The record entered the Dance Albums Chart at No. 1, remaining in the top 10 for five weeks, [4] and entered at No. 22 on the Albums Chart. [5] Many track names are written in Cornish—for example, "Jynweythek" ("Machine")—or are coded titles. [14] James has stated that the title is not related to drugs, and is "just a word [he] made up."