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The chain-ladder or development [1] method is a prominent [2] [3] actuarial loss reserving technique. The chain-ladder method is used in both the property and casualty [1] [4] and health insurance [5] fields. Its intent is to estimate incurred but not reported claims and project ultimate loss amounts. [5]
The area of a triangle can be demonstrated, for example by means of the congruence of triangles, as half of the area of a parallelogram that has the same base length and height. A graphic derivation of the formula T = h 2 b {\displaystyle T={\frac {h}{2}}b} that avoids the usual procedure of doubling the area of the triangle and then halving it.
Shoelace scheme for determining the area of a polygon with point coordinates (,),..., (,). The shoelace formula, also known as Gauss's area formula and the surveyor's formula, [1] is a mathematical algorithm to determine the area of a simple polygon whose vertices are described by their Cartesian coordinates in the plane. [2]
The only equable rectangles with integer sides are the 4 × 4 square and the 3 × 6 rectangle. [4] An integer rectangle is a special type of polyomino, and more generally there exist polyominoes with equal area and perimeter for any even integer area greater than or equal to 16. For smaller areas, the perimeter of a polyomino must exceed its area.
After relating area to the number of triangles in this way, the proof concludes by using Euler's polyhedral formula to relate the number of triangles to the number of grid points in the polygon. [5] Tiling of the plane by copies of a triangle with three integer vertices and no other integer points, as used in the proof of Pick's theorem
This formula generalizes Heron's formula for the area of a triangle. A triangle may be regarded as a quadrilateral with one side of length zero. From this perspective, as d approaches zero, a cyclic quadrilateral converges into a cyclic triangle (all triangles are cyclic), and Brahmagupta's formula simplifies to Heron's formula.
Actuarial notation is a shorthand method to allow actuaries to record mathematical formulas that deal with interest rates and life tables. Traditional notation uses a halo system, where symbols are placed as superscript or subscript before or after the main letter. Example notation using the halo system can be seen below.
However, the triangles may vary in shape and extension in object space, posing a potential drawback. This can be minimized through adaptive methods that consider step width while triangulating the parameter area. To triangulate an implicit surface (defined by one or more equations) is more difficult. There exist essentially two methods.