ƒ
ΦΓ
mμlα
ω
θ
η
Maths Busters
Hot
Home
All Formulae
Converters
Reference
Tools
NEW
Daily Challenge
NEW
Practice Sheets
Health & Fitness
Games
Video Tutorials
Mental Maths Mavericks
NEW
Exam-Pattern Sheets
Latest Additions
NEW
Search Results
1 result for “credibility”
Formulae (1)
Actuarial & Insurance
Advanced
Credibility Weighting
P
=
Z
x
ˉ
+
(
1
−
Z
)
μ
P = Z\bar{x} + (1-Z)\mu
P
=
Z
x
ˉ
+
(
1
−
Z
)
μ
Blend own experience with the wider average by a credibility factor.