follows a Poisson distribution with mean λ = 110. • The size of each claim follows a lognormal distribution with parameters µ and σ 2 = 4. • The number of claims and claim sizes are independent. (a) Give two conditions for full credibility that can be completely determined by the information above. Make sure to define all terms in your definition. (b) Suppose that 7000 claims are needed for full credibility (with range parameter k = 0.1 and and probability level P ). Determine P . 1 2
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of gangs is an extension of the social and economic characteristics of the larger community.” A close look at the results‚ broken down into four age-related populations of gang membership may be found by comparing 1996 and 1998 National Youth Gang Surveys. The results show the aging of youth gangs. In 1996‚ youths between 15 and 17 years of age comprised 34 percent of gang membership; by 1998 that number had dropped to 29 percent. In comparison‚ in 1996 the members between 18 and 24 years of age
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AND DISTRIBUTION STRATEGIES This section of Teach China’s Marketing Plan will focus in on key factors related to branding‚ pricing‚ and distribution: creation and development of the domestic and global product branding strategy; determination of optimum pricing strategy; looking at how the pricing strategy supports Teach China’s branding strategy‚ preparation of a distribution channel analysis‚ justification of opting for a push or pull strategy; an overall look at how the distribution strategy
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HVDC Moyle‚ the Isle of Man and France HVDC Cross-Channel. The electrical energy generated for the National grid needs to be moved around all parts of the country to supply the demand. There are two methods available for the transmission and distribution of electric power and these are: * Underground Insulated Cables * Overhead Cables (Bare Conductors Suspended at a Safe Height Above Ground) The overhead lines are generally used for high-voltage long distance transmission‚ because the
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The Note Phone Marketing Plan – Pricing Strategy and Channel Distribution Lisa S Carey Marketing Management – MKT 500 February 13‚ 2011 Instructor: Dr. Keith C. Jones Marketing Plan – Pricing Strategy and Channel Distribution for the Note Phone 1. Determine and discuss a pricing strategy (Penetration or Skimming). Pricing is an important strategic issue because it is related to product positioning and furthermore‚ pricing affects other marketing mix elements such as product features
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EE 4225 Project Distribution Feeder Analysis 11/29/2010 Kris Bartell Matt Drzewiecki Evan Zaborski 1.0 Abstract This project offered the opportunity to simulate the voltage profile of an IEEE sample distribution feeder. Through an iterative process‚ this can be accomplished using a series of calculations. To achieve this goal‚ the simulation package Matlab was used as the driving force behind the programming and calculating. Discussion 2.1 Individual Segment Modeling To simulate
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All of its distribution centers held all kinds of product Amazon used all kinds of modern RFID and computer software techniques to line up its pickups. It assigned a certain Amazon Standard Identification Number to check on the pick list. It also used bench marking and performance measurement technique to its best possible way to achieve new goals and targets. The then VP of operations Jeff Wilke then worked on six sigma and Total quality management to streamline the US distribution centers. The
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A businesses success is determined by many factors‚ such as profits gained‚ customer satisfaction‚ employee satisfaction‚ and owner satisfaction. These successes are usually the output result of effective co-operation in the workplace. However‚ there is a certain barrier that hinders the process of good co-operation‚ they are known as “resistance to change.” There are two types of resistance in organizations‚ these are known as functional resistance and dysfunctional resistance. Functional resistance
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Social institutions Characteristics of social institutions 1. They are resistant to change. Patterns of social behavior become institutionalized when they are reinforced by custom and tradition 2. They are interdependent. A societies institutions uphold similar values and norms to reflect compatible goals and priorities 3. They change together. Because institutions are interdependent a change in one will bring change Ina another 4. They are the site of social problems. For example
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Q.1) What are the characteristics of services that will be most appropriate for internet delivery? Internet service can be provided through telephone lines .Internet connection speed can generally be divided into two categories: dialup and broadband Characteristics of the Internet: The characteristics of the Internet that affect its usefulness in service can be divided broadly into Information and Connectivity. “The advantages arise from the Internet’s enormous capacity to link participants
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