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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 theory was developed further by Frank E Bird in 1966 based on the analysis of 1.7 million accident reports from almost 300 companies. He produced an amended triangle that showed a relationship of one serious injury accident to 10 minor injury (first aid only) accidents, to 30 damage causing accidents, to 600 near misses.
Triangles within technical analysis are chart patterns commonly found in the price charts of financially traded assets (stocks, bonds, futures, etc.). The pattern derives its name from the fact that it is characterized by a contraction in price range and converging trend lines, thus giving it a triangular shape.
The pattern obtained by coloring only the odd numbers in Pascal's triangle closely resembles the fractal known as the Sierpiński triangle. This resemblance becomes increasingly accurate as more rows are considered; in the limit, as the number of rows approaches infinity, the resulting pattern is the Sierpiński triangle, assuming a fixed ...
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or ...
Point pattern analysis (PPA) [1] is the study of point patterns, the spatial arrangements of points in space (usually 2-dimensional space). The simplest formulation is a set X = { x ∈ D } where D , which can be called the 'study region,' is a subset of R n , a n -dimensional Euclidean space .
Performing a probabilistic risk assessment starts with a set of initiating events that change the state or configuration of the system. [3] An initiating event is an event that starts a reaction, such as the way a spark (initiating event) can start a fire that could lead to other events (intermediate events) such as a tree burning down, and then finally an outcome, for example, the burnt tree ...
This template produces a NFPA 704 safety square with optionally four hazard codes. It is designed to be used in a table. Primary use is through {}, the {} box and {{OrganicBox complete}} (chemical data pages). When used stand-alone (outside of a table), consider the {} box.