Category: E

Actual claims in a previous by amount paid-out. Used a the basis for calculating upcoming premiums.

The party that gives their expert evidence.

The amount of PREMIUM an INSURER returns to an INSURED if the loss record is better than the amount indicated by the PURE PREMIUM incorporated in the basic premium rate.

The credibility of a person that is supposed to be knowledgeable in an area.

The mortality that a group actualy experiences rather than the expected mortality.

Persons examined as witnesses in a cause, who testify in regard to someprofessional or technical matter arising in the case, and who are permitted to give theiropinions as to such matter on account of their special training, skill, or familiarity with itAn expert is a person who possesses peculiar skill and knowledge upon the subjectmatterthat he is required to give an opinion upon. State v. Phair, 48 Vt. 366.An expert is a skillful or experienced person; a person having skill or experience, orpeculiar knowledge on certain subjects, or in certain professions ; a scientific witness.See Congress & E. Spring Co. v. Edgar, 99 U. S. 057, 25 L. Ed. 487; Ileald v. Thing, 45Me. 394; Nelson v. Sun Mut. Ins. Co., 71 N. Y. 460; Koccis v. State, 50 N. J. Law, 44,27 Atl. 800; Dole v. Johnson, 50 N. H. 453; Ellingwood v. Bragg, 52 N. H. 4S9.

The firsthand involvement used to teach rather than lecturing or teaching in a secondhand way.

In patent law, either a trial of an uncompleted mechanical structureto ascertain what changes or additions may be necessary to make it accomplish the designof the projector, or a trial of a completed machine to test or illustrate its practicalefficiency. In the former case, the inventor’s efforts, being incomplete, if they are thenabandoned, will have no effect upon the right of a subsequent inventor; but if theexperiment proves the capacity of the machine to effect what its inventor proposed, thelaw assigns to him the merit of having produced a complete invention. NorthwesternFire Extinguisher Co. v. Philadelphia Fire Extinguisher Co., 10 Phila. 227, 18 Fed. Cas.394.

A plan for experiments regarding conditions, factors, responses, tools, and treatments to be used.

How an experiment is controlled when testing the affect of human behavior on the testing process.