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Author Question: An individual's personal estimate of the chance of loss is a(n) A) objective probability. B) ... (Read 259 times)

cherise1989

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on: Jul 11, 2018
An individual's personal estimate of the chance of loss is a(n)
 
  A) objective probability.
  B) objective risk.
  C) subjective probability.
  D) a priori probability.

Question 2

Objective risk is defined as
 
  A) the probability of loss.
  B) the relative variation of actual loss from expected loss.
  C) uncertainty based on a person's mental condition or state of mind.
  D) the cause of loss.


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kishoreddi

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: B


cherise1989

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

abro1885

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Reply 3 on: Yesterday
Excellent

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