Answer:
allows accurate predictions.
Explanation:
The law of large numbers states that the larger the amount of policy holders, the probability distribution of the number of claims (losses for the insurance company) will be shaped like a normal distribution. This allows the companies to make more accurate predictions about the future number of claims.
In statistics, the law of large numbers states that as the sample size increases, the mean will be much closer to the real mean of the total population.
Answer:
With installments loans the pay back time can be stretched out longer then a layaway
Explanation:
Pension plans, health insurance, paid vacation and holidays, and the like are non financial forms of compensation provided to employees.
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Explanation:</u></h3>
The term compensation refers to something that is given to an individual for the things lost or for some injuries that happened at the working place. They can be either monetary or non monetary compensation. Compensation plays a major role in motivating the employees and make them work effectively.
Financial forms of compensation includes bonus, commissions, overtime pay, profit sharing, stock options,etc. Non financial forms of compensation includes Pension plans, health insurance, paid vacation and holidays, retirement and employment services,etc.
Answer:
$4,533.05
Explanation:
Return on equity (ROE) = Net income / Equity
Return on equity (ROE) = $6,992 / $50,300
Return on equity (ROE) = 13.9%
Retention ratio = 1 - Dividend payout ratio
Retention ratio = 1 - 35%
Retention ratio = 65%
Sustainable growth rate = [13.9%*65%] / [1 - 13.9%*65%]
Sustainable growth rate = 0.09035 / 0.90965
Sustainable growth rate =0.09932392
Sustainable growth rate = 9.93%
Maximum dollar increase = Sales * Sustainable growth rate
Maximum dollar increase = $45,650 * 9.93%
Maximum dollar increase = $4,533.05
Answer:
False.
Explanation:
Individuals in high-context cultures do not show the above mentioned traits. High-context cultures requires elegance and sophisticated attitude and behavior and not much of the direct interaction in an unnecessary conversation. Rather, these traits of direct verbal interaction, value individualism, relying on logic, saying "NO" directly, and giving authority to written information are traits of low-context cultures. Therefore, the given statement is false.
