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The problem is then to devise a way of combining the experience of the group with the experience of the individual risk to calculate the premium better. Credibility theory provides a solution to this problem. For actuaries, it is important to know credibility theory in order to calculate a premium for a group of insurance contracts. The goal is ...
Conversely, when pro-fringe editors leave Wikipedia, it becomes more trustworthy. [13] The recipe for increased credibility is simple: be anti-fringe; be factual and call things by their right names; and firmly oppose pro-fringe editors. This requires discerning and opposing pro-fringe editors. They insidiously subvert our core content policies ...
Bühlmann model. In credibility theory, a branch of study in actuarial science, the Bühlmann model is a random effects model (or "variance components model" or hierarchical linear model) used to determine the appropriate premium for a group of insurance contracts. The model is named after Hans Bühlmann who first published a description in 1967.
Credibility comprises the objective and subjective components of the believability of a source or message. Credibility dates back to Aristotle theory of Rhetoric. Aristotle defines rhetoric as the ability to see what is possibly persuasive in every situation. He divided the means of persuasion into three categories, namely Ethos (the source's ...
In international relations, credibility is the perceived likelihood that a leader or a state follows through on threats and promises that have been made. [ 1] Credibility is a key component of coercion (i.e. compellence and deterrence ), as well as the functioning of military alliances. [ 2] Credibility is related to concepts such as reputation ...
Critical reading. Critical reading is a form of language analysis that does not take the given text at face value, but involves a deeper examination of the claims put forth as well as the supporting points and possible counterarguments. The ability to reinterpret and reconstruct for improved clarity and readability is also a component of ...
e. André-Marie Ampère (UK: / ˈɒ̃pɛər, ˈæmpɛər /, US: / ˈæmpɪər /; [1] French: [ɑ̃dʁe maʁi ɑ̃pɛʁ]; 20 January 1775 – 10 June 1836) [2] was a French physicist and mathematician who was one of the founders of the science of classical electromagnetism, which he referred to as "electrodynamics". He is also the inventor of ...
The credibility thesis is a proposed heterodox theoretical framework for understanding how societal institutions or social rules come about and evolve. It posits that institutions emerge from intentional institution-building but never in the originally intended form. [1] Instead, institutional development is endogenous and spontaneously ordered ...