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An Insurance Intermediary means individual agents, corporate agents including banks and brokers –they intermediate between the customer and the insurance company. Insurance Intermediary also includes Surveyors and Third Party Administrators but these intermediaries are not involved in procurement of business.
The probability of getting a total of 7 on two dice thrown together is:
The mode of the given data set is 12. The sum of the frequency on both sides of mode are 16. The skewness:
For the distribution
X: 1 0 1
P(x): 0.3 ...
The mean and median of the distribution is 12 and 15. Then the mode equals to:
The grouped data for the observation are as follows.
Class : 2-4 4-6 6-8...
For the cumulative distribution function
the upper quartile point is
A Poisson distribution has a double mode at x = 1 and x = 2. The probability for x = 1 or for x = 2 of these two values is:
For a group of 100 students, the mean and standard deviation of scores were found to be 30 and 5 respectively. Later on it was discovered that the scor...
To estimate the average work experience of MBA students at a management institute, five students are selected at random from each type of background, s...
