Question
Why do insurers arrange for survey and inspection of
the property before acceptance of a risk?Solution
Before acceptance of a risk, insurers arrange survey and inspection of the property to assess the risk for rating purposes.
Which is not relative measures of skewness?
The arithmetic mean of the following frequency distribution of number of accidents X on week working days is:
X: �...
The coefficient of correlation is the _________ of coefficients of regression.
If A and B are mutually exclusive, the general addition rule 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...
Which of the following satisfies the time and factor reversal test?
A physical instructor claims that the mean weight of students in school is greater than 82 kg with standard deviation 20. If a sample of size 81 studen...
Using the method of semi-averages, secular trend is measured when:
Which of the following is an example of using a sample to make inference about a population?
If xi | fi , i = 1,2,...n is a frequency distribution with standard deviation 15 and mean 30, the coefficient of variation will be equal to:
