The lesser resistance of 12-gauge wire means that it can allow charge to flow through it at a greater rate-that is, allow a larger current. Thus, 12-gauge wire is used in circuits which are protected by 20-Amp fuses and circuit breakers.
of it. A âstatutory hybrid planâ is defined as a âdefined benefit plan that contains a statutory hybrid benefit formula.â2 A âstatutory hybrid benefit formulaâ is, in turn, a benefit formula that is a âlump sum-based benefit formula or a formula that is not a lump sum-based benefit formula but that has an effect similar to a lump sum-based benefit formulaâ.3
proposed a hybrid dividend strategy, who considered a dual risk model with phase-type gains under a hybrid dividend strategy and derived the explici t formula for the expected total discounted dividends until ruin and the Laplace transform of the time of ruin. In this paper, we consider the hybrid dividend strategy for the classical risk model. Let bb 21> be two positive constants, under a hybrid strategy, no dividends are paid whenever the modified surplus is below the level b1; dividends are paid at a constant rate Î± (Î±>0) whenever the mod-