Business
Business, 05.05.2020 21:05, SM141372

What role does math play in the insurance industry?

a. Insurance companies use statistics to find how likely a client will need to

use the insurance so they can set premiums in order to have the highest

chance of making a profit.

Insurance companies use algebra and geometry to calculate the distance

from clients' major emergencies to nearest hospitals.

Insurance companies use statistics to hypothesize how likely clients are

to switch over to competitive companies.

d. Insurance companies use calculus to find out how likely a client will need

to use the insurance so they can set premiums in order to have the

highest chance of making a profit.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 17:50, nayelieangueira
What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories
Answers: 3
image
Business, 23.06.2019 03:50, beabivine7023
John is a journalist he went to a product demonstration for a new computer some of what he heard was informative while the rest was meant to persuade consumers to buy the product which two statements in the excerpt are persuasive rather than informative
Answers: 2
image
Business, 23.06.2019 09:30, brmoen1392
Acolleague from the plant in germany has arrived at the chicago plant to share insights on a recent product line changeover implemented in germany. this changeover has saved thousands of euros at the german facility, but jim does not think it will work in the united states. jim feels that there is a completely different attitude towards work and innovation in the u. s., and in fact, thinks the german facility is technologically behind his plant. additionally, the colleague often mispronounces words when he speaks english, and doesn't dress appropriately for the u. s. office. he showed up to work on the plant floor in a formal suit and tie, with dress shoes that had a slippery sole. however, the colleague is a guest, and it is important that jim pretends to be interested. identify the listening barriers. check all that apply. thought speed grandstanding faking attention nonverbal distractions psychological barriers
Answers: 1
image
Business, 23.06.2019 14:00, zlittleton2008
Marta is twenty eight years old, and she has no dependents. she has saved an emergency fund and an extra $1,500. she would like to save or invest this money in hopes that it will grow fast. marta does not mind taking risks with her money. which type of account or investment is best for her? a. fifteen-year savings bond b. mutual fund c. basic savings account earning 1.3 percent interest, compounded monthly d. ida
Answers: 1
Do you know the correct answer?
What role does math play in the insurance industry?

a. Insurance companies use statistic...

Questions in other subjects:

Konu
Mathematics, 12.10.2020 14:01
Konu
Mathematics, 12.10.2020 14:01
Konu
Medicine, 12.10.2020 14:01
Konu
Arts, 12.10.2020 14:01