« previous next »

Author Question: ____________________ are statisticians employed by insurance companies to calculate the probability ... (Read 100 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
on: Jun 24, 2018
___________________ _ are statisticians employed by insurance companies to calculate the probability or chance of a certain insurable event occurring.
 Fill in the blank(s) with correct word

Question 2

Stanley's Salon needs to purchase hairspray for it's chain of store locations to be sold at its merchandise counter. UltraHold retails for 15 per bottle. If the target markup rate is 30, the most Stanley can pay per bottle is 9.00.
  Indicate whether the statement is true or false


cegalasso

  • Sr. Member
  • ****
  • Posts: 295
Reply #1 on: Jun 24, 2018
Answer to Question 1

Actuaries

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

How to avoid car insurance claims How to avoid car insurance claims
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
How to calculate present value using the compound interest formula (Question 2) How to calculate present value using the compound interest formula (Question 2)
Calculate the physical variables Calculate the physical variables
Calculate the given limits eliminating zero denominator algebraicilly Calculate the given limits eliminating zero denominator algebraicilly
Calculate the pH of a solution formed by mixing 120.0 mL of 0.30 M HClO with 1180.0 mL of 0.20 ... Calculate the pH of a solution formed by mixing 120.0 mL of 0.30 M HClO with 1180.0 mL of 0.20 ...
Video: Control of ventilation rate by other brain centers (posts, hypothalamus & cerebral cortex)

For a complete list of videos, visit our video library