Explain how insurance companies use statistics.

Answers

Answer 1

Answer:

 Statistics is used to determine what risk an insured poses to an insurance company, what percentage of policies is likely to pay out, and how much money a company can expect to pay out in claims


Related Questions

Wegmans' excellent ________ far exceeds customer expectations, especially for a grocery store chain.

Answers

Produce??

Fresh meat?

By what three ways might companies enter foreign markets?

Answers

Answer:

Enjoy and don't be jealous ☺️

Explanation:

Market entry methods

Exporting. Exporting is the direct sale of goods and / or services in another country. ...

Licensing. Licensing allows another company in your target country to use your property. ...

Franchising. ...

Joint venture. ...

Foreign direct investment. ...

Wholly owned subsidiary. ...

Piggybacking.

Please help solve this

Answers

Answer:

The Gross Domestic Product of the territory is $ 172 million.

Explanation:

The Gross Domestic Product (GDP), measured in monetary units, is the market value of all goods and services within a territory in a given period of time, usually annual, which is estimated by the following expression:

[tex]GDP = C+BI+GEx+GEn+E-I[/tex] (1)

Where:

[tex]C[/tex] - Consumption.

[tex]BI[/tex] - Business investments.

[tex]GEx[/tex] - Government expenditures.

[tex]GEn[/tex] - Government entitlements.

[tex]E[/tex] - Exports.

[tex]I[/tex] - Imports.

Please notice that positive sign represents money that has entered into the economy of the territory.

If we know that [tex]C = 50\times 10^{6}[/tex], [tex]BI = 10\times 10^{6}[/tex], [tex]GEx = 75\times 10^{6}[/tex], [tex]GEn = 38\times 10^{6}[/tex], [tex]E = 12\times 10^{6}[/tex] and [tex]I = 13\times 10^{6}[/tex], then the GDP of the territory is:

[tex]GDP = 50\times 10^{6}+10\times 10^{6} + 75\times 10^{6}+38\times 10^{6}+12\times 10^{6}-13\times 10^{6}[/tex]

[tex]GDP = 172\times 10^{6}[/tex]

The Gross Domestic Product of the territory is $ 172 million.

5. People-based services are
in today's world. (1 point)
-decreasing
-staying about the same
-increasing
-varying from day to day

Answers

Answer:

decreasing

Explanation:

because more and more machines are made to do work

A&X Corp wants to use option to hedge its receivables of 150,000 euro in 90 days; the available options are as follow: the call with an exercise price $1.68, a 90-day expiration date and a premium of $0.02 per unit. The put option with an exercise price of $1.70, a 90-day expiration date and a premium of $.02 per unit. Ninety days (90 days) has expired and the spot rate for the Euro is $1.67. How much will A&X Corp. Receive?

Answers

Answer:

the amount that received is $249,000

Explanation:

The computation of the amount that received is as follows

The Amount received in USD after 90 days is

= Amount in Euro × (Exchange Rate - Premium)

= 150000 euro × ($1.68 - $0.02)

= $249,000

Hence, the amount that received is $249,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Looking at an automobile insurance policy, you are likely to see amounts written such as 100/300. What does this mean?

Answers

Answer:

see below

Explanation:

In an automobile insurance policy, the number 100/300 refers to liability coverage by the insurance company. They represent the amount of compensation the insurance company will pay for bodily injuries per accident when the insured is at fault.

The first digit represents the maximum amount in thousands the insurance will pay per person for bodily injuries. The second digit is the total maximum amount the insurance company will pay for bodily injuries per accident. In this case, 100 means the insurance company will cater for bodily to a limit of $100,000 per injured person. 300 means that the company will pay a maximum of $300,000 per accident for all bodily injuries per accident. Any amounts in excess will be met by the insured.

who death was sadder itachi or minato or Jiraiya

Answers

Answer:

i would say Jiraiya

Explanation:

he was alone when ijt happen and was weak

Which of the following is not a requirement for an official purchase order?
A unique purchase order number
The total price of the order
The manufacturers official logo
The price of items per unit

Answers

Answer:

The manufacturers official logo

Explanation:

A purchase order is a business document sent by a buyer to the seller, instructing them to supply the buyer with the stated goods. The purchase order specifies the goods or services the buyer requires. It indicates the make or model, the quantities ordered, and their prices. A purchase order shows the total value of the order. Each purchase order is identifiable by a unique number.

The manufacturer's logo is not a requirement in the purchase order.

In order to qualify as a REIT, A) at least 90% of the assets must be invested in real-estate related assets. B) a mortgage REIT must have at least 75% of the assets in government-insured mortgages. C) at least 75% of the income must be paid out as dividends to investors. D) at least 75% of the assets must be invested in real-estate related assets, cash, and U.S. government securities.

Answers

Answer:

D) at least 75% of the assets must be invested in real-estate related assets, cash, and U.S. government securities.

Explanation:

A Real Estate Investment Trust (REIT) are businesses that invest in real estate property and provide dividends to their stockholders. They are similar to mutual funds, except that instead of investing in stocks or securities, they invest in real estate properties. At least 90% of taxable income must be distributed as dividends.

Only 3 days left! 50 POINTS! Agriculture, Food, and Natural Resources Workplaces and Tasks
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Documents
Student Guide
Resources
Multimedia Presentation Rubric
Plz Help and don't just steal points

Answers

Answer:

Agriculture is the science and art of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in cities. The history of agriculture began thousands of years ago. Agriculture is the art and science of cultivating the soil, growing crops and raising livestock. It includes the preparation of plant and animal products for people to use and their distribution to markets. ... These products, as well as the agricultural methods used, may vary from one part of the world to another. Agriculture plays a critical role in the entire life of a given economy. Agriculture is the backbone of the economic system of a given country. In addition to providing food and raw material, agriculture also provides employment opportunities to a very large percentage of the population.

Food is any substance consumed to provide nutritional support for an organism. Food is usually of plant, animal or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. Food is what people and animals eat to live. Food usually comes from animals and plants. It is eaten by living things to provide energy and nutrition. Food contains the nutrition that people and animals need to be healthy. Using Harvard's Healthy Eating Plate as a guide, we recommend eating mostly vegetables, fruit, and whole grains, healthy fats, and healthy proteins. We suggest drinking water instead of sugary beverages, and we also address common dietary concerns such as salt and sodium, vitamins, and alcohol.

Natural resources are resources that exist without any actions of humankind. This includes all valued characteristics such as commercial and industrial use, aesthetic value, scientific interest and cultural value. On Earth, it includes sunlight, atmosphere, water, land along with all vegetation, and animal life. Natural resources are materials from the Earth that are used to support life and meet people's needs. Any natural substance that humans use can be considered a natural resource. Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Resources are important for the development of any country. For example, to generate energy, one need fossil fuels; and for industrial development, we require mineral resources. ... Natural resources are getting scarce with the increasing population, so it is essential to conserve them.

Submit your 300-word essay that thoroughly analyzes a problem that was solved through social media and provides your opinions on the impact social media use had on the issue. a definition of the problem-- what it is; an analysis of the problem-- what caused it and what the major issues are; how social networking was used to solve the problem; your opinions on how social media made it easier to solve the problem; and your sources.

Answers

Explanation:

Social media are tools that significantly impacted the relationship between companies and consumers, one could even say that they revolutionized this relationship.

Companies managed to get closer to their target audience in order to build a relationship that means increasing brand value, consumer loyalty and engagement on social networks. The so-called relationship marketing is a double path with benefits for both the client and the company, due to the fact that with greater proximity between them, there is a greater possibility for the client to have their issues with the brand resolved in less time, as for the brand to carry out instant and cheap advertising that reaches its potential audience almost at the same time.

Therefore, a problem that may have arisen, for example, a product purchased through a website that came with a manufacturing defect can be communicated directly to the company through its social media and the consumer can get a much quicker and less answer bureaucratic, and thus be able to exchange that piece or guarantee the refund of your money and solve your problem much more easily.

Explain how growing personal income is related to economic conditions.

Answers

Answer:

see below

Explanation:

Personal income is the total earning an individual gets from wages, investments, bonuses, dividends, profits, or other ventures.  It is the sum of a household income. Personal income is calculated per period, usually one year.

Economic conditions refer to the prevailing state of a country or region's economy.  Economic conditions are ever-changing and are influenced by business cycles of expansions and contraction, government fiscal and monetary policies, macroeconomic factors, and global factors.  Governments and investor use indicators to tell the state of the economy

Economic conditions impact people's and business income. Government policies and global economics influence the level of economic activities. The expansion period has increased economic activities are leading to increased incomes. At contraction, business activities decline, resulting in reduced income.

Lindsay is in 11th grade and wants to be a physical trainer and work with athletes for her career. She wants to help them learn how to strengthen their muscles and keep their bodies in prime condition so that they will perform at their best. Which of these is a LONG-TERM goal? *
1.Get an 'A' on her anatomy test
2.Get an after-school job to help pay for college
3.Exercise after school to stay in shape for her upcoming varsity basketball season
4.Graduate from college with a degree in sports medicine

Answers

A long term goal is something that a person has that requires planning and most of the time, involves their career or what they want to do in the future, Something that isn't going to come to an end anytime soon. So, the answer is 4.

Which is not one of the main sections of a resume?
A. contact information
B. salary requirement
C. education
D. work experience

Answers

Answer:

B. salary requirement

Explanation:

Salary is typically posted in the job description or negotiated by the employer/employee as part of the hiring process

as a good student ,what advice would you say to them​

Answers

Answer:do ur work and try hard

Explanation:to get good grades

Answer:

-dont punish yourself because of your mistakes (mistakes help you learn)

-dont procrasinate, use your time wisely

-study for atleast 10 min everyday

-pay attention during class

-take notes

-give yourself breaks every once in a while

-love yourself

Explanation:

list the importance of physiotherapist and dentist

Answers

Answer:

Importance of physiotherapist:

1. They help people affected by injury,illness or disability through movement and exercise,manual therapy, education and advice.

2. They maintain health for people of all ages, helping patients to manage pain and prevent diseases.

3. Manage heart and lungs problem.

4. Recover from or prevent a sports injuries.

Importance of dentists:

1. Dentists helps to keep your teeth and mouth healthy.

2. It helps to prevent from tooth decay.

3. Protects against gum diseases, which can lead to tooth decay.

Physiotherapist assist people who have been injured, ill, or disabled through movement and exercise, manual therapy, education, and advice, and the dentist help to maintain the health of your teeth and mouth.

What is the physiotherapist?

Physiotherapists treat people of all ages, assisting them in regaining their range of motion after an injury or illness. They also use exercise and manual therapy to help disabled people improve their health and quality of life.

Physiotherapist assist people who have been injured, ill, or disabled through movement and exercise, manual therapy, education, and advice, physiotherapist keep people of all ages healthy by assisting patients with pain management and disease prevention.

They are differing from the Dentists, as the dentists help to maintain the health of your teeth and mouth, It aids in the prevention of tooth decay, and helps to prevent gum disease, which can lead to tooth decay.

Therefore, physiotherapist and Dentists both play the important role for the patients.

Learn more about the physiotherapist, refer to:

https://brainly.com/question/28941462

#SPJ2

What would you do if fear was not a factor and you could not fail?

Answers

Answer:

I would take advantage while it still lasts

Explanation:

but in real life that actually is a thing to I cry myself to sleep


Which definition best describes the FAFSA?
A.The amount of money the federal government offers you in student loans
B.The paperwork your bank has you complete in order to take out a personal student loan
C.The paperwork you complete in order to have part of or all of your student loan debt forgiven
D. The application you complete in order to determine eligibility for federal student aid

Answers

Answer:

the answer is D have a good day

Explanation:

The definition that best describes the FAFSA is the application you complete in order to determine eligibility for federal student aid. The correct option is D.

What is FAFSA?

Your eligibility for financial aid from the government and the majority of universities is determined by the Free Application for Federal Student Aid or FAFSA.

In order to calculate your expected family contribution or EFC, the form asks students and parents for personal and financial information. With the FAFSA, students can apply for a federal loan.

The FAFSA permits the student to be eligible for a variety of financial aid programs from various sponsors. Some of this money is gratuitous, some of it needs to be worked for and some of it needs to be paid back.

Therefore, the correct option is D. The application you complete in order to determine eligibility for federal student aid.

To learn more about FAFSA, refer to the below link:

https://brainly.com/question/28352964

#SPJ6

how many months weeks days are in 157 days?

Answers

The answer is 5.162 months

Which of the following is a characteristic of a checking account?

Easy access to funds through a debit card
Fee charged if money is removed early
High rate of return on deposits
Minimum money amount requirement to invest




Which of these factors is likely to have the greatest influence on purchases by consumers with a limited amount of cash on hand?

The price of a good or service
The price of alternatives or substitutes
Their own income
Their personal preferences

Answers

Answer:

Part 1: Easy access to funds through a debit card

Part 2: The price of a good or service

Explanation:

1. Easy access to funds through a debit card

A checking account is among the savings accounts offered by financial institutions. It is the regular or most common savings account in use. Checking accounts are risk-free and hence attract a low-interest rate.

A checking account does not restrict the number of withdrawals, unlike other savings accounts such as the certificate of deposit. Due to this reason, financial institutions have developed a debit card that allows access to the funds in a checking account. A debit card facilitates withdrawal from an ATM or making payments at a POS anytime as long as there are funds in the checking account.

2. The price of a good or service

A consumer with a limited amount of money is most concerned with the price of what they are purchasing. They will likely opt to buy goods and services with relatively lower prices.  Economists refer to such goods and services as inferior products, not because of their quality but due to their low prices. As income decrease, the demand for inferior goods increase.

In economics, the phrase "There is no such thing as a free lunch" means what?
А.
Everyone must pay for his or her own lunch.
B
Restaurants do not offer lunches for free every day.
C
There are always resources that must be given up to produce and consume the lunch.
D
The person who consumes the lunch gains calories from eating it.

Answers

Answer:

C) .There are always resources that must be given up to produce and consume the lunch.

Explanation:

The phrase means that in economics, there is nothing that is genuinely free. Every decision has a cost implication that has to be meant by somebody.  In the example of a free lunch,  there is still a cost to be met. Even if a client is not charged for the food, the restaurant owner has to pay for labor and the materials used to prepare the lunch.

The phrase implies that all economic decisions have a cost behind them. Anyone offering anything for free must have a plan of recovering their costs.

A cash-basis taxpayer made a bona fide, nonbusiness loan to an acquaintance in year 1. At the end of year 2, it is determined that the taxpayer will likely be able to collect only 20% of the principal, and no interest has been or will be collected. How should the loss be treated for tax purposes in year 2

Answers

Answer:

None of the loss amount in year 2 will be deductible

Explanation:

Based on the information given How the loss will be treated for tax purposes in year 2 is that the LOSS amount will NOT be deductible in Year 2 reason been that tax payer can only collect the deduction in bad debt in the year the bad debt has no real value and become un-useful.

Secondly the tax payer should not wait till the debt is due before knowing whether the bad debt has no real value reason been that bad debt will has no real value when there is no hope that the debt amount that is owed will be paid which is why to a limited extent a non business bad debt that has no real value will not be deductible.

Therefore How the loss will be treated for tax purposes in year 2 is that None of the loss amount in year 2 will be deductible

Tara is using Search Audiences to reach her most valuable customers. Which direct benefit might she obtain by using Search Audience?

Answers

Answer:

I would say, delivering a customized message to the right user at the correct bid.

Hammers, screwdrivers, drills, and saws are _____ a construction worker uses.


-tasks

-skills

-tools

-qualifications

Answers

Answer:

are a - tool - construction workers use

the answer is tools

Hey Yall I am giving 100 points away and a brainliest!!!!!!!!!!!!

Answers

Answer:

tysm

Explanation:

Answer:

ty

Explanation:

How do you songwriters earn money from their songs

Answers

Answer:

Good question I think its because people buy there albums and

Explanation:

Answer:

they receive royalties

Explanation:

__________ relies on consumers to pass messages about products among themselves, typically through email.

Answers

Companies just a wild guess sorry if I'm wrong

Which sentence best completes the diagram?

Answers

Answer:

C. Prices in the country Increase

Explanation:

Inflation describes the general increase in prices in a country over time. Prices tend to rise with the increase in economic growth. A high economic growth rate implies that prices will increase at a high rate.

The Inflation rate is measured by assessing changes in the prices of products and services representing people's consumption. A rise in the inflation rate indicates a general increase in prices.

Both employers and colleges often have a place for you to include your interests on their
O evaluation
O survey
O application
O wish list



The correct answer is application

Answers

application eiwkekwkw

Somebody report all my post thank you ‍♀️ I wanted everything deteled !!!!

Answers

I’m sorry to hear that
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