Estimation of the Amount of Rice Crop Insurance Premium in the Citarum River Basin

https://doi.org/10.47194/ijgor.v1i1.16

Authors

Keywords:

Crop Insurance, Premiums, the Normal Curve Method, The Level Of Coverage

Abstract

Determination of crop insurance premiums in the Citarum River basin can be calculated by mathematical methods. One of the methods of calculation of the premium that is the normal curve methods with data on crop productivity is assumed to be Gaussian. In this thesis are discussed in crop insurance premium calculations Areas Citarum River basin West Bandung Regency with normal curve method with a significant level of coverage. These methods are used because data on crop productivity gained Gaussian. Normal curve method is used without using the assumption of coefficients of variation, and try for some level of coverage. Application materials used are rice crop productivity data in the Citarum River basin of West Bandung Regency in 2008-2014. This research resulted in the value of the rice crop insurance premiums for farmers in the area based on a certain level of coverage.

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Published

2020-03-21

Issue

Vol. 1 No. 1 (2020): International Journal of Global Operations Research (IJGOR), February 2020

Section

Articles
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