subject
Business, 17.09.2019 03:00 war86

Jkl insurance company estimates that 14 out of every 100 homeowners it insures will file a claim each year. last year, jkl insured 200 homeowners. according to the law of large numbers, what should happen if jkl insures 2,000 homeowners this year? a. the total number of claims filled by jkl policy owners should decrease. b. the total dollar value of claims will decrease. c. the average size of loss will decline in value. d. the actual results will more closely approach the expected results.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:50
The next dividend payment by savitz, inc., will be $2.08 per share. the dividends are anticipated to maintain a growth rate of 6 percent forever. if the stock currently sells for $42 per share, what is the required return?
Answers: 2
question
Business, 21.06.2019 22:40
Job a3b was ordered by a customer on september 25. during the month of september, jaycee corporation requisitioned $2,400 of direct materials and used $3,900 of direct labor. the job was not finished by the end of the month, but needed an additional $2,900 of direct materials in october and additional direct labor of $6,400 to finish the job. the company applies overhead at the end of each month at a rate of 100% of the direct labor cost. what is the amount of job costs added to work in process inventory during october?
Answers: 3
question
Business, 22.06.2019 15:40
Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?
Answers: 1
question
Business, 22.06.2019 20:00
Richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.
Answers: 3
You know the right answer?
Jkl insurance company estimates that 14 out of every 100 homeowners it insures will file a claim eac...
Questions
question
Mathematics, 08.09.2021 23:40
question
Mathematics, 08.09.2021 23:40
question
Biology, 08.09.2021 23:40
question
Mathematics, 08.09.2021 23:40
Questions on the website: 13722362