Question
What is the significance of "rate on line" in insurance
pricing?Solution
The correct answer is B. It is the premium charged per unit of coverage. The rate on line represents the premium charged for each unit of coverage, such as $100,000 of property coverage.
Compute P(AΗB), if P(B) = 1.0 and P(Aβ©B) = 0.64
Simplify the given expression:-
{8 β (8 Γ· 2) Γ 4 + 24} Γ· 8
In an election with two candidates, A and B, 80% of registered voters cast ballots. B wins by a margin of 880 votes. If B had received 10% fewer votes, ...
A principal of βΉ8000 is invested at a compound interest rate of 10% per annum. What will be the amount after 2 years?
"M' sold a watch to 'N' making a profit of 20%. 'N' then sold it to 'X' at a 10% loss. If 'M' had directly sold the watch to 'X' ...
The vertices of a triangle are (2, 1), (5, 4), and (8, 1). What is the area of the triangle?
What will come in place of the question mark (?) in the following series?
120, 128, 144, 168, 240
50 men takes 10 less days to do a work than 30 men takes time for same work. Find in how many days 15 men can complete the 2/5th of the work?
What is the purpose of a "Page Table" in virtual memory systems?
Simple interest earned on an amount of Rs. 2500 at rate of R% per annum after 4 years is Rs. 150. Find the simple interest earned on an amount of Rs. 12...
