1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LUCKY_DIMON [66]
2 years ago
15

To decide how much an insurance policy should cost a customer, underwriters use ________, such as historical industry trends and

loan characteristics, to predict risk levels.Multiple Choiceseasonal trendsdiagnosticsdata analyticslogistics
Business
1 answer:
alekssr [168]2 years ago
6 0

When deciding the cost of an insurance policy being applied to the customer, then the underwriting experts used the concept of data analytics.

Option C is the correct answer.

<h3>What is underwriting?</h3>

Underwriting is the act where the underwriters confirm the loan approval after analyzing the debt, income, and assets of the borrower.

The concept of data analytics is one of the processes applied to analyze the data along with collection and modeling. it helps the underwriters to figure out the conclusions based on the trends and patterns of the data.

Therefore, data analytics is the tool that underwriters used to compute the cost of insurance policy for the customer.

Learn more about the underwriting in the related link:

brainly.com/question/24988092

#SPJ1

You might be interested in
Which type of account offers the highest rate of interest? A. regular checking B. money market C. regular savings D. certificate
lina2011 [118]
I would say D.
  
I hope this helps.
6 0
3 years ago
Read 2 more answers
When more than one vehicle is stopped at an intersection, which vehicle has the right-of-way?
julia-pushkina [17]
The correct answer is C
5 0
3 years ago
Read 2 more answers
Chipper Corporation realized $1,000,000 apportionable taxable income from the sales of its products in States X and Z. Both stat
SIZIF [17.4K]

Answer:

a. $0

Explanation:

The business would not be subject to taxation in a state until nexus is established; thus the Chipper’s Apportionable income <u><em>(which means income of any class or type or any activity, that fulfils the connection or criteria described either in the "functional test" or "transactional test,”.)</em></u>  that is taxed by X equals $0

6 0
3 years ago
In terms of commonly traded organizational currencies, sharing tasks that increase someone's skills and abilities and letting ot
saveliy_v [14]

Answer:

Personal

Explanation:

Personal related currencies refers to the currencies that deals with the insipitration and the morality, vision, strength. It basically shows the needs of the person nd the value that actually what person could do

Since in the question it is mentioned that the if the tasks are shared that rise the skills and ablities of the person than this would represent the personal related currencies and hence the same is to be considered

3 0
3 years ago
A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $2,700 and is
jasenka [17]

Answer:

$720 and $180

Explanation:

According to the scenario, computation of the given data are as follows:

Premium for 3 years = $2,700

So, premium for 1 year = $2,700 ÷ 3 = $900 per year

Manufacturing operation percentage = 80%

Selling and administrative operation percentage = 20%

So, Premium for manufacturing operation = $900 × 80% = $720

And Premium for selling and admin operation = $900 × 20% = $180

6 0
3 years ago
Other questions:
  • Why are governmental services more expensive in cities compared to other areas?
    8·1 answer
  • On January 1, Year 1, Chaco Company sold $300,000 of 10% twenty-year bonds. Interest is payable semiannually on June 30 and Dece
    9·2 answers
  • Assume that atlanta co. is producing motorcycles and selling them to u.s. customers. atlanta co. obtains all of its supplies fro
    9·1 answer
  • Drag each label to the correct location on the table. Match the examples to the types of assets they represent.
    6·1 answer
  • Tom O'Brien has a 2-stock portfolio with a total value of $100,000. $47,500 is invested in Stock A with a beta of 0.75 and the r
    10·1 answer
  • Look at the picture, which one is the correct answer?
    12·1 answer
  • Drag the tiles to the correct boxes to complete the pairs.
    8·1 answer
  • Which of the following best explains the purpose of a supply schedule?
    11·2 answers
  • The condensed product-line income statement for Rhinebeck Company for the month of October is as follows:
    15·1 answer
  • Discuss at least one advantage and one disadvantage of increasing the minimum wage. consider this action’s impact on the company
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!