First Step: Calculations Using Rates from First Iteration
	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)
	(Data)	Table 5 col.(5)	Table 6 col.(15)	(1)*(3)	(Data)	.85*(5)	1.15*(5)	(3) within (6),(7)	(1)*(8)	Y=Knocked Out
Class	Exposures	Credibility Adjusted Rate	Pre-Cap Test Corrected Rate (Set 1)	Losses in Pre-Cap Test Corrected Rate	Present Rate	Cap Below	Cap Above	Capped Rates (Set 1)	Total Losses in Capped Rates	Is Rate Knocked Out of TCF by Capping?
1	25	$ 1,978	$ 2,128	$ 53,197	$ 2,000	$ 1,700	$ 2,300	$ 2,128	$ 53,197
2	30	$ 1,022	$ 1,157	$ 34,713	$ 1,500	$ 1,275	$ 1,725	$ 1,275	$ 38,250	Y
3	36	$ 1,349	$ 1,470	$ 52,902	$ 1,200	$ 1,020	$ 1,380	$ 1,380	$ 49,680	Y
4	43	$ 731	$ 838	$ 36,195	$ 800	$ 680	$ 920	$ 838	$ 36,195
5	52	$ 979	$ 1,073	$ 55,616	$ 1,000	$ 850	$ 1,150	$ 1,073	$ 55,616
6	62	$ 1,008	$ 1,090	$ 67,796	$ 1,200	$ 1,020	$ 1,380	$ 1,090	$ 67,796
7	75	$ 786	$ 857	$ 63,970	$ 850	$ 723	$ 978	$ 857	$ 63,970
8	90	$ 615	$ 677	$ 60,615	$ 500	$ 425	$ 575	$ 575	$ 51,508	Y
9	107	$ 788	$ 841	$ 90,406	$ 750	$ 638	$ 863	$ 841	$ 90,406
10	129	$ 384	$ 429	$ 55,394	$ 375	$ 319	$ 431	$ 429	$ 55,394
11	155	$ 330	$ 368	$ 56,960	$ 300	$ 255	$ 345	$ 345	$ 53,404	Y
12	186	$ 315	$ 347	$ 64,516	$ 300	$ 255	$ 345	$ 345	$ 64,084	Y
13	223	$ 330	$ 357	$ 79,619	$ 350	$ 298	$ 403	$ 357	$ 79,619
14	267	$ 259	$ 282	$ 75,488	$ 250	$ 213	$ 288	$ 282	$ 75,488
15	321	$ 283	$ 303	$ 97,170	$ 300	$ 255	$ 345	$ 303	$ 97,170
Total	1,801	$ 480	$ 524	$ 944,560	$ 489			$ 517	$ 931,779
Second Step: Test Correction Step Post Capping
	(11)	(12)	(13)	(14)	(15)	(16)	(17)
	Table 5 col.(7)	(11)) Less Knockouts	F*(12)	(4)+(13)	(14)/(1)	(15) within (5),(6)	Y=Knocked Out
Class	Original Test Correction Basis	Test Correction Basis Less Knockouts	Additional Losses for Test Correction	Revised Test Corrected Total Losses	Test Corrected Rate (Set 2)	Capped Rates (Set 2)	Is Rate Knocked Out of TCF by by Capping?
1	$ 11	$ 11	$ 30	$ 53,227	$ 2,129	$ 2,129
2	$ 12	$	$ 32	$ 34,746	$ 1,158	$ 1,275	Y
3	$ 13	$	$ 35	$ 52,937	$ 1,470	$ 1,380	Y
4	$ 14	$ 14	$ 37	$ 36,232	$ 839	$ 839
5	$ 14	$ 14	$ 39	$ 55,654	$ 1,074	$ 1,074
6	$ 15	$ 15	$ 41	$ 67,837	$ 1,090	$ 1,090
7	$ 16	$ 16	$ 43	$ 64,013	$ 858	$ 858
8	$ 16	$	$ 44	$ 60,659	$ 677	$ 575	Y
9	$ 17	$ 17	$ 45	$ 90,452	$ 841	$ 841
10	$ 17	$ 17	$ 47	$ 55,440	$ 430	$ 430
11	$ 18	$	$ 48	$ 57,008	$ 368	$ 345	Y
12	$ 18	$	$ 49	$ 64,564	$ 348	$ 345	Y
13	$ 18	$ 18	$ 49	$ 79,669	$ 357	$ 357
14	$ 18	$ 18	$ 50	$ 75,538	$ 282	$ 282
15	$ 19	$ 19	$ 51	$ 97,221	$ 303	$ 303
Total	$ 235	$ 159	$ 639	$ 945,199	$ 525	$ 518
Reference Values for All Classes
	A = (Last Table) Overall Average Rate in Data					$ 518
	B = Total Loss in Set 1 Rates					$ 931,779
	C= Total Losses in Data					$ 932,211
	D = C-B = Shortfall					$ 431
	E =Total Test Correction Basis on Non-Capped Classes (12)					$ 159
	F = D/E = Test Correction Factor					2.71