Research Article
Homogeneous Discrete Time Alternating Compound Renewal Process: A Disability Insurance Application
Table 3
Mean number of renewals reported within each year for
and
.
| Mean number of claims | Time | āā | |
| 0 | 0 | 0 | 1 | 0.014476 | 0 | 2 | 0.019221 | 0.00209 | 3 | 0.025527 | 0.008149 | 4 | 0.08327 | 0.015026 | 5 | 0.127912 | 0.027967 | 6 | 0.20739 | 0.058566 | 7 | 0.246932 | 0.104423 | 8 | 0.355123 | 0.156813 | 9 | 0.452676 | 0.215772 | 10 | 0.548401 | 0.29037 | 11 | 0.659883 | 0.380202 | 12 | 0.754524 | 0.472627 | 13 | 0.865198 | 0.569899 | 14 | 0.990609 | 0.669364 | 15 | 1.094958 | 0.773789 | 16 | 1.130467 | 0.885427 | 17 | 1.174013 | 0.984889 | 18 | 1.225479 | 1.055479 | 19 | 1.285403 | 1.110094 | 20 | 1.354001 | 1.166913 | 21 | 1.430345 | 1.227918 | 22 | 1.511493 | 1.294302 | 23 | 1.595246 | 1.366705 | 24 | 1.681536 | 1.443804 | 25 | 1.769417 | 1.52414 | 26 | 1.856478 | 1.607162 | 27 | 1.941151 | 1.692138 | 28 | 2.023513 | 1.777598 | 29 | 2.103553 | 1.862118 | 30 | 2.181583 | 1.945029 |
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