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
lyudmila [28]
2 years ago
9

Assume Fred faces a potential liability exposure. The standard deviation of the probability distribution for the loss equals $12

,000. Assume Fred joins a risk pool with 899 other people with the same loss distribution whose losses are independent of each other. As one of 900 pool members, Fred's Risk equals which of the following?
a. $0
b. $400
c. $900
d. $1200
e. None of the above
Business
1 answer:
makvit [3.9K]2 years ago
6 0

Answer:

$400

Explanation:

The Answer is B

You might be interested in
Suppose a gold miner finds a gold nugget and sells the nugget to a mining company for $500. The mining company melts down the go
SSSSS [86.1K]

Answer:

The GDP will increase by $2,000 as a result of these transactions

Explanation:

When trying to calculate the increase in GDP caused by a series of transactions, we do not add all the transactions, instead we look at the price of the final good and that is the increase in GDP. In this case the final good is the necklace that the store department sells for $2,000 therefore we will only consider the final transaction. So the GDP will increase by $2,000 as a result of this series of transactions because the final good sold for $2,000.

4 0
3 years ago
Layla Company began making mascara in November 2018 using a single-step process. Layla incurred $42,000 for materials and $48,64
Anna35 [415]

Answer:

correct answer is   b) $2.00

Explanation:

we know here

started and completed unit  for physical = 18000

so EUP material for 100 % = 18000

and

Ending work in process for physical = 3000

so EUP material for 100 % = 3000

so total EUP material = 18000 + 3000 = 21000

and

Unit cost is here = \frac{42000}{21000}

Unit cost =  2 per unit

so correct answer is   b) $2.00

4 0
3 years ago
True or false? it adds to your credibility and your team's loyalty when you bring a person who is a difference maker into your c
Scilla [17]
That statement is true.
Bringing a difference maker shows that you're a leader who is not afraid to take necessary risk to achieve your goals, which make you seem really dependable and increase your team's loyalty. On top of that, bringing an appropriate difference maker also show your advance problem solving ability
7 0
3 years ago
Short definition for business cycle ?
DiKsa [7]
A cycle or series of cycles of economic expansion and contraction.
4 0
3 years ago
Ben Perez is driving along a mountain road. In the distance, he sees a road crew working on a fallen tree that has blocked the h
Morgarella [4.7K]

Answer:

B. Exposure.

Explanation:

The act exhibited by the highway crew can easily be explained to be exposure because of his stance from a mountain end and their reaction.

Measurement of exposure is generally defined as some form of

the amount of travel, either by vehicle or on foot. Once the amount of travel

is known for certain activities, or road users, and if we know the number of

crashes that are associated with that activity or population, the associated

risk can be calculated. Also the various ways of measuring the amount of travel are referred to collectively as exposure

data because they measure traveller’s exposure to the risk of death or

injury.

7 0
3 years ago
Other questions:
  • In the circular flow of economic​ activity, there are two kinds of markets in which firms and households interact. In the factor
    6·1 answer
  • When the exchange rate between the U.S. dollar and the euro changes from 1.30 euros per dollar to 1.00 euro per dollar the dolla
    14·1 answer
  • In the fiscal year 2015–2016, Nescarto, an African country, imported goods worth $18 million and exported goods worth $20 millio
    11·1 answer
  • Cheyenne Corporation purchased 420 shares of Sherman Inc. common stock for $12,900 (Cheyenne does not have significant influence
    7·1 answer
  • Use figure 3.4 to answer the following: if the cost of gasoline increased from $3.00 per gallon to $4.00 per gallon and the quan
    15·1 answer
  • Yosevin began his memo with background information and explanations before announcing a reduction in health insurance coverage.
    13·1 answer
  • Flick Company uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standar
    6·1 answer
  • The roles of internal auditors<br>​
    6·1 answer
  • Why do economists pay attention to the balance of trade?
    6·1 answer
  • The u.s. government may require that apparel imported into the united states should use u.s. cotton, or use a certain amount of
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!