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spin [16.1K]
4 years ago
14

What is risk pooling???

Business
1 answer:
Elena L [17]4 years ago
7 0
A risk pool<span> is one of the forms of </span>risk<span> management mostly practiced by insurance companies. Under this system, insurance companies come together to form a </span>pool<span>, which can provide protection to insurance companies against catastrophic </span>risks<span> such as floods, earthquakes etc.</span>
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Below is the complete list of accounts of Cobras Incorporated and the related balance at the end of March. All accounts have the
dexar [7]

Answer:

                         Cobras Incorporated

                             Trial Balance

                  For the Month Ended March 31

Account                            Debit           Credit

Cash                                  $3,300

Account Receivable         $4,000

Supplies                            $1,100

Prepaid Insurance            $1,100

Buildings                           $53,000

Account Payable                                   $2,100

Salaries Payable                                    $300

Common stock                                      $33,000

Retained earnings                                 $17,500

Service Earnings                                    $19,300

Salaries Expenses           $6,200

Utilities Expenses            <u>$3,500</u>          <u>              </u>

Total                                 <u>$72,200</u>        <u>$72,200</u>

7 0
3 years ago
Jars of pickles are sampled and weighed. sample measures are plotted on control charts. the ideal weight should be precisely 11
Anvisha [2.4K]

Answer:

c. both x-bar chart and r-chart.

Explanation:

When Jars of pickles are sampled and weighed, sample measures are plotted on control charts and the ideal weight should be precisely 11 oz.

Both x-bar chart and r-chart can be used to monitor the process.

The x-bar and r-chart in statistical process monitoring (spm) are quality control charts used to monitor the process mean and process variation simultaneously, based on samples collected in subgroups in a given time.

6 0
4 years ago
Suppose you have $10,000 in your checking account. you withdraw $500 cash from your account and hide it under your pillow for fu
wel
A, the money supply (how much currency in a country's economy at a time) is going to decrease by $4500!  A required reserve ratio is basically a sort of rule that the government sets that says how much of a person's deposits must be set towards reserves.  
3 0
4 years ago
Read 2 more answers
2. You're interested in the proportion of students in your school who favor the elimination of a local curfew on teenagers. Assu
lara [203]

Answer: The minimum number of students you need if you want the margin of error to be 5% IS 278.

Explanation:

Cochran’s Sample Size Formula gives the minimum number of students as n= \frac{z^{2}pq }{e^{2} }

Where:

   e is the desired level of precision (i.e. the margin of error),

   p is the (estimated) proportion of the population which has the attribute in question and q is 1 – p.

The z-value  for 95% confidence interval is found to be 1.96 in a Z table.

Assuming that half of the teenagers favor the elimination of a curfew: this gives us maximum variability. So p = 0.5 and q=0.5.

Then n= (\frac{1.96^{2}*0.5*0.5 }{0.05^{2} } )

n= frac{0.9604}{0.0025} }

n= {384.16 }

Rounding up, n= \frac{385 }

But considering that 1000 is a small population,  we can modify the sample size we calculated above formula by using this equation:

s = \frac{n}{1 + \frac{n - 1}{N} }

Where s is the adjusted sample size, n is the original sample size we calculated and N is the population size.

s = \frac{385}{1 + \frac{385 - 1}{1000} }

s = \frac{385}{1 + \frac{384}{1000} }

s = 278

8 0
4 years ago
Listing agreements Must be in writing. Are not legally binding. Are unilateral employment contracts. Create an agency relationsh
Tanzania [10]

Answer:

Create an agency relationship.

Explanation:

Listing agreements: It is an agreement between the broker of real estate and the owner of real estate property which develops the agency relationship so that the agreement would be legally binding to each other.

Plus in this agreement, the broker has is to act as the agent of the owner property. In return to this, the broker gets the commission from the owner.

7 0
3 years ago
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