mk This page intentionally left blank Actuarial Mathematics for Life Contingent Risks How can actuaries best equip themselves for the products and risk structures of the future? In this new textbook‚ three leaders in actuarial science give a modern perspective on life contingencies. The book begins traditionally‚ covering actuarial models and theory‚ and emphasizing practical applications using computational techniques. The authors then develop a more contemporary outlook‚ introducing multiple
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AIPA 2: UNDERSTANDING ACTORS‚ INTERESTS & POWER Institutions Basic level – states exist to provide (1) defence and (2) social order this requires the presence of a functioning economy. State not only produces‚ consumes and redistributes; it’s also the main source and enforcer of “rules of games”. “Rules of games” are institutions institutional quality is related to economic performance. Evidence: No country has gotten rich with bad institutions. Politics Politics is the process of creating
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A group of enthusiastic cheerleaders perform their cheers just in front of the stands. The home crowd most often looks beyond the cheerleaders to the action on the field. Cheers from the crowd erupt as the favored team gets a touchdown. Even a first down is reason to celebrate. What is it that helps that cheerleader get their message of support across to the fans? A megaphone. This simple tool is used to take a message and amplify it so that it can be heard. Once the crowd can hear the cheers they
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Types of Forecasts: Judgmental Time Series Associative Models Judgmental Forecasts: Executive opinions Sales force Composite Consumer surveys Outside opinion Opinions of managers/staff Delphi technique Time Series Forecasts Level-Long-term “base” of the data Trend- long-term upward or downward movement in data Seasonability- short-term regular variations in data at constant time intervals Cyclicity- long term variations due to economic cycle Random variations- Caused by chance. Unpredictable-
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P = price V = variable cost Fc = fixed cost t = time in yrs Chapter 11 quiz Q ‚ P ‚ V ‚ FC (based-plan‚ lower‚ upper) DEP = F0Costs / # yr’s Based price for (Q ‚ P ‚ V ‚ FC) multiply them each by WITHIN 10%‚ .10 than add‚ subtract Best case +P‚ +Q‚ -V‚ -FC Worst case –P‚ -Q‚ +V‚ +FC Best case scenario: OFC = [(Q+ x P+) – (Q+ x V-) – FC- – DEP] (1 - TAX RATE) +DEP high rev‚ low cost Worst case scenario: OCF= [(Q- x P-) – (Q- x V+) – FC+ – DEP] (1 - TAX RATE) +DEP high cost‚ low rev
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Composition and Formation of Myelin Sheath Molecular Neurobiology Myelin may be made by different cell types‚ varies in chemical composition and configuration‚ but performs the same insulating function. Myelin is about 40% water; the dry mass of myelin is about 70 - 85% lipids and about 15 - 30% proteins. Some of the proteins that make up myelin are myelin basic protein (MBP)‚ myelin oligodendrocyte glycoprotein (MOG)‚ and proteolipid protein (PLP). The primary lipid of myelin is a glycolipid
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Testing Heuristics Cheat Sheet Testing Wisdom A test is an experiment designed to reveal information or answer a specific question about the software or system. * Stakeholders have questions; testers have answers. * Don’t confuse speed with progress. * Take a contrary approach. * Observation is exploratory. * The narrower the view‚ the wider the ignorance. * Big bugs are often found by coincidence. * Bugs cluster. * Vary sequences‚ configurations
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STYLE SHEET By Dr. Abel Scribe PhD The APA Style Sheet is a concise guide to using the style of the American Psychological Association in writing research papers. It is based on the current fifth edition of the APA Publication Manual. The latest version is at www.docstyles.com. The Style Sheet is routinely updated; it is the product of many contributors. This version was revised in Fall 2004 by Dr. Abel Scribe PhD. Doc Scribe is not affiliated in any way with the APA--this style sheet is free
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Prepared by‚ Parthvi Lal 300623501 17th February‚ 2011 1. Outline for Roger Jackson’s report. Report on: Analysis of winding defects found at Eastend Power ‚ Inc. To be prepared by consultant: Roger Jackson Prepared for VP Operations : Jackie Smith Company : Eastend Power ‚ Inc. Introduction: Eastend Power ‚ Inc. ‚ manufacturer of wire windings has experienced an increasing problem with rejected product found during the manufacturing operation. While inspecting it was found
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the island even though he is extremely wealthy. This makes this setting significant because it makes it evident that Gatsby has not fully filled the shoes of a typical person that lives in East Egg like Daisy and Tom. * East Egg- the wealthy side of Long Island. Tom‚ Daisy‚ and Jordan are the characters that live here. This setting is significant because Gatsby is constantly staring at Daisy’s dock light across on her East Egg home. It is the sign of his desires to finally have Daisy once and for
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