<span>The answer is same socio-economic status</span>
An anchoring bias occurs when you focus on <span>one piece of information versus all of the information
For example, you never met mr. Kirk your close friend told you that Mr.Kirk is a liar that should not be tasted (even though your friend offer no proof).
When you met Mr.Kirk personally, you will have a basic assumption that Mr.Kirk is a liar no matter what other qualities that he may conveyed</span>
14,000 slaves were imported
The correct answer would be, Actual loss experience of the group.
Experience rating utilizes Actual loss experience of the group in determining the rate the insurer will change for group coverage in each year of coverage.
Explanation:
When an employer adjusts premium for workers' compensation coverage based on the loses the insurer has experienced from that employer, then this adjustment is called as the experience modifier or experience rating.
In this rating, at the end of the year, the insurer charge for group coverage the actual loss experienced due to that group.
This rating helps the insurer to determine that a particular policymaker will file a claim or not. It also helps in determining which company has produced more workers' claims in a specified period of time.
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