Numerical Analysis
Numerical Analysis
10th Edition
ISBN: 9781305253667
Author: Richard L. Burden, J. Douglas Faires, Annette M. Burden
Publisher: Cengage Learning
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1. Calculate the integral 500 x sin x (a² +x2)20 dx by using the residue theorem. You may assume that a is real and a > 0. Your solution should clearly explain the closed contour you are using, and state clearly any vanishing properties of integrals over contours that are being used.
Questions An insurance company's cumulative incurred claims for the last 5 accident years are given in the following table: Development Year Accident Year 0 2018 1 2 3 4 245 267 274 289 292 2019 255 276 288 294 2020 265 283 292 2021 263 278 2022 271 It can be assumed that claims are fully run off after 4 years. The premiums received for each year are: Accident Year Premium 2018 306 2019 312 2020 318 2021 326 2022 330 You do not need to make any allowance for inflation. 1. (a) Calculate the reserve at the end of 2022 using the basic chain ladder method. (b) Calculate the reserve at the end of 2022 using the Bornhuetter-Ferguson method. 2. Comment on the differences in the reserves produced by the methods in Part 1.
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