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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]
Using photos from a bloodshed incident at a crime scene, a bloodstain pattern analyst can use HemoSpat to calculate the area-of-origin of impact patterns. This information may be useful for determining position and posture of suspects and victims, sequencing of events, corroborating or refuting testimony, and for crime scene reconstruction .
Bruceton analysis has an advantage over the modern techniques being very simple to implement and analyze - as it was designed to be performed without a computer. The modern techniques offer a great improvement in efficiency, needing a much smaller sample size to obtain any desired significance level.
The Ladder from Hatch Escapes has become one of the most buzzed-about escape rooms in the country, redefining how puzzles can tell stories. This L.A. escape room explores corporate greed — and ...
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.
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. [ 1 ] Triangle patterns can be broken down into three categories: the ascending triangle, the descending triangle, and the symmetrical triangle.
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 ...
Tolerance analysis is the general term for activities related to the study of accumulated variation in mechanical parts and assemblies. Its methods may be used on other types of systems subject to accumulated variation, such as mechanical and electrical systems.