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
nataly862011 [7]
3 years ago
12

Explain how insurance companies use statistics.

Business
1 answer:
Luda [366]3 years ago
7 0

Answer:

 Statistics is used to determine what risk an insured poses to an insurance company, what percentage of policies is likely to pay out, and how much money a company can expect to pay out in claims

You might be interested in
Jim makes a contract with Oleta to sell her a 1965 lava lamp once owned by a famous artist. Jim later decides that he does not w
Aloiza [94]

Answer:

c. can require Jim to specifically perform the contract.

Explanation:

Specific performance is a remedy used in contract law by which the non-breaching party requires a court to order that the breaching party fulfills the performance included in a valid contract.

In this case, Oleta can request a court order that forces Jim to sell the lava lamp to her at the price specified in the contract.  

4 0
3 years ago
Bay Manufacturing Co. purchased a 3-month U.S. Treasury bill. In preparing Bay's statement of cash flows, this purchase would:A.
Lesechka [4]

Answer:

A. have no effect.

Explanation:

The US Treasury Bill was purchased at short-term

So it would not affect the company's cash balance.

The rule for short-term invstment is to have litle risk

and a mature of less than 90 days

the US TB fullfil both, it has no risk and matures within 90 days It is considered a cash equivalent.

7 0
3 years ago
Establishing rules that will help you stay focused is called
Marianna [84]
The answer would be self-discipline 

The definition of self-discipline:   <span>the ability to control one's feelings and overcome one's weaknesses; the ability to pursue what one thinks is right despite temptations to abandon it.</span>
7 0
2 years ago
Read 2 more answers
Which factors may influence a company's choice of inventory cost flow assumption?
Oxana [17]

inventory cost flow assumption influence by tax implications of choice ,financial statement effect, actual physical flow of inventory.

<h3>What Is Cost Flow?</h3>

The way or channel that costs move through a company is referred to as the flow of costs. The flow of costs typically pertains to manufacturing businesses where accountants are required to quantify expenses associated with raw materials, work in progress, finished goods inventory, and cost of goods sold.

Four commonly acknowledged methods—specific cost, average cost, first-in, first-out (FIFO), and last-in, first-out—are available for allocating expenses to ending inventory and cost of goods sold (LIFO).

To know more about Cost Flow visit:

brainly.com/question/13621345

#SPJ4

7 0
1 year ago
Tricia is trying to decide how to spend her money. She adds and subtracts by a dollar to determine which combination of expenses
nekit [7.7K]
D. I think... I could be wrong. 

















4 0
3 years ago
Other questions:
  • QUESTION 1 You should dress in the same business casual every day, even if you have important meetings or presentations. True Fa
    11·1 answer
  • When employees perceive that the process for decision-making is unfair or that the distribution of resources is unfair, they are
    8·1 answer
  • A music artist has just finished creating his most recent single and it is now ready for release. The artist loves when others r
    14·2 answers
  • Becoming the candy lady tips for advertising and employing
    14·1 answer
  • Credit Losses Based on Credit Sales Lewis Company uses the allowance method for recording its expected credit losses. It estimat
    12·1 answer
  • A process currently services an average of customers per day. Observations in recent weeks show that its utilization is about 90
    5·1 answer
  • McNulty, Inc., produces desks and chairs. A new CFO has just been hired and announces a new policy that if a product cannot earn
    9·1 answer
  • Flynn Industries has three activity cost pools and two products. It expects to produce 2,200 units of Product BC113 and 1,430 of
    6·1 answer
  • Question 1 of 10
    7·1 answer
  • In cell H4, calculate the donation amount by multiplying the Streaming Revenues by the percentage in cell I1, using absolute ref
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!