Question
The variance of a constant 'x'
isSolution
The variance of a constant 'x' is 0. This is because the variance is a measure of how much a random variable deviates from its mean, and if 'x' is a constant, it has no variability, resulting in a variance of 0.
A single insurance policy that combines several coverage previously sold separately is termed as?
How many part-time members is appointed by the Government of India in the Composition of IRDAI?
A retrocessionaire is:Â
What term applies to conditions that must be met before the insurer’s obligations arise?Â
A policy that covers loss or damage to a shopkeeper's property and business interruption is:
Customer feels good irrespective of product he experiences ?
This broad type of coverage was developed for shipments that do not involve ocean transport is known as?
The role of a risk engineer in the insurance process is to:Â
Which of the following is NOT a typical type of insurance claim?
Which is not a General Insurance company?