he partial credibility premium is calculated as 706 for 400 observations with mean loss of 00. It is calculated as 726 for 500 observations with mean loss of 660. What is the full redibility standard?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
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The partial credibility premium is calculated as 706 for 400 observations with mean loss of
600. It is calculated as 726 for 500 observations with mean loss of 660. What is the full
credibility standard?
Transcribed Image Text:The partial credibility premium is calculated as 706 for 400 observations with mean loss of 600. It is calculated as 726 for 500 observations with mean loss of 660. What is the full credibility standard?
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