Question: show work please point) 8a. Small Potatoes (SP) is a microchip company On average, 40 percent of SP's product liability claims for a calendar year

show work please show work please point) 8a. Small Potatoes (SP) is a microchip company

point) 8a. Small Potatoes (SP) is a microchip company On average, 40 percent of SP's product liability claims for a calendar year are reported during the calendar year or 2018, 20 product liability claims were reported during the calendar year (1 point) ow many product liability claims (ultimately) should SP expect for 2018? . SP's loss development factors for product liability and general 1iability are provided below: Months after End of Calendar Year: 12 18 24 30 36 Product Liability 4.1 3.4 2.5 1.5 1.1 General Liability 3.0 2.1 1.6 1.3 1.0 1. Two and half years after the end of a calendar year, general liability claims to-date were $1.6 million. What ultimate general liability claims should SP expect for this calendar year? (half-poin t) 2. Eighteen months after the end of a calendar year, product liability claims to-date were $2.2 million. expect for this year? (half-point) What ultimate product liability claims should SP point) 8a. Small Potatoes (SP) is a microchip company On average, 40 percent of SP's product liability claims for a calendar year are reported during the calendar year or 2018, 20 product liability claims were reported during the calendar year (1 point) ow many product liability claims (ultimately) should SP expect for 2018? . SP's loss development factors for product liability and general 1iability are provided below: Months after End of Calendar Year: 12 18 24 30 36 Product Liability 4.1 3.4 2.5 1.5 1.1 General Liability 3.0 2.1 1.6 1.3 1.0 1. Two and half years after the end of a calendar year, general liability claims to-date were $1.6 million. What ultimate general liability claims should SP expect for this calendar year? (half-poin t) 2. Eighteen months after the end of a calendar year, product liability claims to-date were $2.2 million. expect for this year? (half-point) What ultimate product liability claims should SP

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