Student’s Name: Instructor’s Name: Class Name: Chapters 6 and 7 Insurers look at loss ratios as an important underwriting tool. They are easy to do. Annual Claims divided by Annual Premium. Example: Premium was $100,000 and Claims were $40,000 Loss Ratio is 40%.Most carriers/insurers want losses to be less than 40% and want three to five years of prior loss experience. What is the loss ratio here: Claims are $50,000 and Premium was $15,000 Loss ratio= $50,000/$15,000= 333.33% Claims are $2,000 and Premium was $25,000 Loss ratio=$2,000/$25,000=8% Claims are $12,500 and Premium was $75,000 $12,500/$75,000=16.67% The loss ratio indicates the insurance firm’s performance from its core business by comparing claims and premiums received (Rejda, McNamara, and Rabel 140). Insurers would rather have a client with one large loss rather than frequent losses. If a client had $75,000 in claims with one loss vs four claims totaling $75,000 claims, the underwriter would look at this risk very differently. Insurers look at severity of claims and frequency of claims, they are very adverse to risks having frequency issues. They can understand one…

  MapReduce Paradigm for Distributed Inverted Index Creation Steps in developing MapReduce Paradigm for Inverted Index They are collecting the necessary documents which require indexing. During this phase, a programmer may decide to order a set of strings for indexing as the working documents. Text tokenization. Each collected document needs to be converted into a list of tokens. Carry out Linguistic processing – the programmer ensures a list of indexing terms s produced during linguistic processing. The documents are then indexed based on the term of occurrence, creating an inverted index comprising postings and dictionaries. Fundamental Concepts behind MapReduce That Contribute To Its Scalability File bottleneck principle- Inverted Index MapReduce concept utilizes Hadoop as a default architecture utilizing a single name node compared to other nodes. To save on cost, a distributed metadata structure is adopted, eliminating a single node system. Node Expansion principle – it allows users to adjust the number of nodes according to processing power needed. Smaller processing requirements and data storage are required for smaller Hadoop users hence achieving the affordable advantage of using fewer nodes.…

Fashion modeling Fashion modeling displays current trends in clothes, beauty, and grooming using human subjects or the human form. At the same time, it is a profession that is sometimes featured in films and advertisements. Therefore, this paper’s discussion is based on fashion modeling categories, such as print, runway, and commercial modeling. Runway or catwalk models are female models who exhibit clothes by walking in front of the audience along a narrow stage. They are usually hired by designers to fit the clothes they have made for marketing and advertisement. As a result, each runway model must have a precise measurement to fit the clothes that designers advertise to their customers. Their measurements around the bust are not above or less than 34 inches, around the waist is 23 inches and 34 inches around the hips. Simultaneously, commercial models are all-around models who take part in everything, even those not related to fashion, including product advertisements and services such as food, trade shows, and housewares. They can be any age, size, and height because they are required for various functions.…

The construction industry is one of the oldest sectors, with people building shelters and structures for millennia. This has evolved a lot over the years in terms of plan structure and design. With now improved technology, jobs in the construction industry are more efficient and safer. According to Forbes, AI is one of the most innovative ways that is currently being used to optimize work schedules in the construction industry. But here a few construction trends you don’t want to miss in 2020 Mobile technology ​​​​​​​According to a survey done by eSub, top professionals in the construction allude to mobile technology being a top priority in the construction industries. Mobile technology provides many applications that allow real-time onsite inspections which improve on employees accountability. Mobile technology includes wireless protocols, wireless language and application. Some of the most common mobile apps are Infotycoon and AirMeasure. Mobile technology has the advantage of reducing inefficiencies, reduce costs and raising productivity. Efficiency improving technology ​​​​​​​Amir Baluch MD, Forbes Council member, points out that the blockchain technology will have a significant impact on the construction…

Artificial Intelligence and the Society   As with other events in society, as artificial intelligence progresses to reshape the world people live in, there will be positive and negative effects on society. Artificial intelligence (AI) does a great deal of good and will proceed to provide modern society with many advantages, but there will undoubtedly be adverse effects together with the good. The earlier individuals start to understand what they may be, the better prepared they are to minimize and handle the risks. This paper seeks to address the various implications of artificial intelligence on society in both the negative and the complementary sectors. Positive Implications Artificial intelligence can significantly boost our workplaces’ effectiveness and expand the work that people can do. When AI takes over repeated or risky tasks, it frees the human workers to do work for which they are better adjusted, activities that, among others, require imagination and compassion. It will improve productivity and job satisfaction if individuals do work that is more engaging for them. Artificial intelligence will have a drastic effect on health care with…

Process analysis Process analysis could be referred to as the rational breakdown that could be used in understanding a narrowly defined problem. The breakdown of the production process helps give a review of the entire process flow within the defined problem and enables an individual to have a coherent course of action. Various resources have been utilized in understanding the process and approach to policy analysis, thus giving an empirical study and understanding of its overall importance. Stewart, Hedge & Pester (2008) argue that the utilization of process analysis is essential in social science research. Various approaches have been associated with the ideology, where it might vary with the analysis of either a part of the entire policy process. Stewart, Hedge & Pester (2008) provide the various approaches that are associated with policy analysis, that are all differentiated with the primary objective of the type of approach that might be utilized by scientists and other scholars; for instance, the process approach could be used if the researcher wishes to examine a part of the policy process. The same researcher could…

Patient care is a fundamental principle of high-quality healthcare. Nurses hence are vital in the surveillance coordination to reduce adverse outcomes that include high mortality rates. Information and technological skills aid a nurse’s ability to retrieve and store a patient’s data, which help to track and monitor patient’s health so that they can help in the treatment. Therefore, information and technology skills play an essential part in medicine, keeping patients safe and allowing quality services to be administered to patients. The Baccalaureate nurse’s role provides direct and indirect care where the nurses act as patient advocates and their educators, giving high-quality services and leadership when improving care. Therefore an excellent registered nurse has knowledge and skills vital in delivering quality care in varieties of healthcare settings( IOM, 2003). Therefore, literate nurses can manage data and information that aid the communication of both parties; nurse and the patient, that provide safe and competent patient care. Gynecologists nurses are currently using electronic health records, which has allowed them to swiftly be recognized due to their potential benefits and the government programs that…

The BLM movement Music has played a crucial role in the Black lives matter (BLM) movement. A brief history of BLM would suffice for context. BLM is a social movement that advocates against equal rights and opportunity among the black community. BLM activists also actively protest against police brutality and violence unfairly directed towards people of color in the USA and worldwide. The BLM movement supporters and protestors mainly express themselves through physical marching demonstrations coupled with digital activism over social media platforms (George, & Leidner, 2018). The BLM movement saw its advent in 2014 following the acquittal of a white man who had allegedly murdered a black man (Lebron, 2017). At its infancy, for the most part, the movement was more passive until the wake of 2020 when CCTV footage that captured a Minneapolis police with his knee on the neck of a black man identified as George Floyd surfaced online. Following the brutality and subsequent death of Floyd, scores around the world were exasperated. Several celebrities and activists came out to condemn the act. Amid the raging coronavirus…

Business Plan Proposal Executive Summary Sprout Stack plans to expand its base from Australia to Pakistan. Pakistan is the right target destination due to the problem of food scarcity in this country. The target company has favorable social, economic, and political environments that will support Sprout Stack’s idea of selling fresh farm products. The company’s green farming practices experience is an added advantage that will quickly gain ground and acquire a reasonable Pakistani market. Direct marketing and partnership will allow the company to quickly establish its roots in Pakistan and promptly reduce start-up expenses. Also, the company will participate in corporate social responsibilities to get closer to the locals, win their trust, and at the same time, market its products. Sprout Stack has already put a risk assessment and management team in place that will enable it to manage both expected and unexpected risks. Sprout Stack enjoys an approximate of 18% of its local market share. Due to the increasing competition from other local companies, the need for an international market is inevitable. The choice for Pakistani as the preferred…

Things Fall Apart by Chinua Achebe The novel Things Fall Apart by Chinua Achebe represents life in the 1890s of the clash between the white colonial government of Nigeria and the native or traditional culture of the Igbo people. The author shatters the stereotypical portraits of the Europeans towards the natives. Achebe carefully portrays the Igbo peoples’ culture’s complex social institutions before coming into contact with the Europeans. Throughout, the author is careful to portray the Europeans stereotypical nature; he presents certain depictions of some of the white men such as Reverend Smith. Some of the novel’s themes include cultural change, cultural differences, masculinity, colonization, and others. The primary influence brought by the Europeans was on the tribes’ religion. The missionaries introduced Christianity beliefs and other laws that were incompatible with the native’s traditions and practices. The church led to the destruction of the clans. White men highly protected those who converted to Christianity. The other influence was on the legal system of the tribes. This played a critical role in the collapse of the clan. There were new rules…