The correct option is D.
Insurance sale agents are responsible for selling insurance policies to customers. They also gather and document information about the customers. Insurance underwriters are responsible for evaluating the risks and exposures of potential customers. An insurance accident investigator is responsible for investigating, analyzing and documenting suspicious claims or accident occurrence.
Answer:
A. Check the image
B. The probability that a student is able to construct a tree diagram if it is known that he or she passed is 79.2%
Explanation:
a) A tree diagram is a tool that simplifies the distribution of probabilities. So we start making branches (lines) according to the probability of each succes to happen, so in this case we first divide the tree diagram between those who can construct tree diagrams that represent the 88% so it means it has a probability of 0.88 and those who can't construct tree diagrams, so if 88% can just 12% can't construct tree diagrams that is a probability of 0.12. This is the first part of the tree diagram.
After that tere is another condition that is passing so for those who construct it is the 90% (0.9 probability) for passing, so in this group it is just 10% (0.1 probability) that doesn't pass. Now for those who don't construct tree diagrams, 60% (0.6 probability) pass so 40% losses (0.4)
See in the diagram that if you add the numbers that compound each of the vertices the result is a 100% or 1.0 probability, this is what you have to take into account when you are constructing a tree diagram.
b) For calculating a probability after constructing the tree diagram you just need to multiply each of the factor in which you are interested. In this case:
Construct tree diagram X Pass = 0.88 x 0.9 = 0.792
So the probability for a student that can construct a tree diagram to pass is 0.792, now for having in percentage we just need to multiply by 100% then:
0.792 x 100 = 79.2%
Answer:
Financial leverage
Explanation:
Financial leverage is defined as the use of borrowed funds to perform a business activity or investment that is expected to have higher returns than the cost of borrowing the money (interest).
When a company is looking for funds for its activities there are 3 options they can use: equity, debt, or lease.
Use of equity is the only option where no extra cost is incurred for use of funds.
When using debt or lease cost of use is incurred. The business will need to engage in an activity that will give it revenue above cost of debt.
This practice is called use of financial leverage.
The option that will be best in this scenario would be a <span>Parallel test.
In a parallel test, same input will be entered in two different version of simulation. By doing this, we could create multiple simulations to test several possibilities and reducing the total time needed at the same time. The downside is that this test exposes the tester to a high risk of making a mistake.</span>
Answer:
The correct answer is letter "B": limits on interest rates charged by credit card companies.
Explanation:
A Price Ceiling is a maximum amount a seller can charge for a product or service. A regulating authority -usually the local government- enforces price ceilings and they are typically set to protect low-income consumers for being priced-out of markets of essential goods and services.
Apartments provide a common example. Some cities provide price ceilings on what the landlords can charge for rent. A price ceiling in credit card interest rates would all into this category as well.
