Cumulative Trend Method

Definition of "Cumulative trend method"

Nedean  Maddox real estate agent
Nedean Maddox, Real Estate Agent Coldwell Banker Access Realty

Approach to derive trend lines that can be applied to rating insured losses. Other methods require substantial preliminary operations to solve systems of equations of several unknowns. The cumulative method reduces the probability of mistakes because a relatively simple computation is required to prepare a set of data for the burning cost ratio.


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