Answer:
Comprehensive deductible
Step-by-step explanation:
There is nothing called Premium deductible rather deductible determines how higher of lower a premium on a subject matter of insurance can be. Deductible is the amount with the insured have to bear at loss and any excess above the loss will be compensated by the insurance company.
Comprehensive deductible is the application to only to comprehensive insurance which was what Chad had on his motor vehicle. Comprehensive insurance covers majority of peril that happens to the insured vehicle. Therefore, comprehensive deductible is the deductible Chad has to bear himself before the insurance company take other losses upon theirself..
If he had $500 deductible on his car and total repair cost $700, then he will bear the $500 while the insurance company is entitled to pay only $200 as per policy statement.
Answer:
Step-by-step explanation:What??
Answer:
a) The formula is given by mean 
the margin of error. Where the margin of error is the product between the critical value from the normal standard distribution at the confidence level selected and the standard deviation for the sample mean.
b) 
Step-by-step explanation:
Previous concepts
A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".
The margin of error is the range of values below and above the sample statistic in a confidence interval.
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
If the distribution for X is normal or if the sample size is large enough we know that the distribution for the sample mean 
is given by:
Part a
The formula is given by mean the margin of error. Where the margin of error is the product between the critical value from the normal standard distribution at the confidence level selected and the standard deviation for the sample mean.
Part b
The confidence interval for the mean is given by the following formula:
Answer:2907
Step-by-step explanation:
FICA Taxes = wages * (FICA tax rate+ Medicare tax rate)
FICA= 38,000*(.062+.0145)=2907 employee share
