What is the mathematical concept of probability that helps insurers estimate the statistical likelihood of mortality or morbidity losses at any given age?

A. law of large numbers

B. actuarial principle

C. law of probability

D. underwriting principle

Answers

Answer 1

Answer:

A. law of large numbers

Explanation:

Law of large numbers is the mathematical concept of probability that helps insurers estimate the statistical likelihood of mortality or morbidity losses at any given age.

This idea states that as the number of exposure or an attainment of a larger value increases, it is usually easier and more accurate to predict the likelihood of mortality or morbidity losses. The law of large numbers is the mathematical principle of probability that insurance is based on.


Related Questions

what are benefits of the two-party system for the United States?

Answers

Explanation:

Advantages. Some historians have suggested that two-party systems promote centrism and encourage political parties to find common positions which appeal to wide swaths of the electorate. It can lead to political stability which leads, in turn, to economic growth.

Karl Marx believed that:________.
a. there is no use in ever expecting freedom or equality.
b. traditional religion inhibited human progress.
c. industrialization causes nothing but harm to people.
d. material possessions are more important than humane values.

Answers

Answer:

The correct answer is B. Karl Marx believed that traditional religion inhibited human progress.

Explanation:

Karl Marx considered religion as "the opium of the peoples", that is, as an instrument of the great spheres of power that, through the acceptance of suffering and poverty as requirements for "eternal life" or "salvation", promoted the oppression of workers at the cost of the opulence of employers and politicians.

For this reason, Marx considered that religions should be limited or even prohibited, in order to remove from the workers that feeling of acceptance and promote the class struggle for rights.

This position was called Marxist atheism, and in practice it meant the legal prohibition of religions in the Soviet Union, and even the persecution and imprisonment of thousands of religious faithful.

A culture is described as having polygynous marriages and patrilineal descent but data shows that fewer than twenty percent of the population is in a polygynous marriage. This illustrates what dichotomy

Answers

Answer:

ideal/real dichotomy

Explanation:

A dichotomy is a partition into two mutually exclusive or contradictory groups. That is, a division into groups A and B where A and B do not overlap.

In this case, the real data shows that this population is not mainly polygynous. On the other hand, the ideal representation of this culture is that of a polygynous one.

Therefore, this represents the ideal/real dichotomy.

Why did the alleys target weak islands

Answers

Answer:

The Japanese were not as deeply entrenched on these islands.

Explanation:

The alleys targeted weak islands because the Japanese were not as deeply entrenched on these islands.

Hanna goes to a meeting because her husband is an alcoholic who only occasionally can abstain from alcohol. The meetings with other people in similar situations helps her cope. She probably attends meetings of:

Answers

Answer:

Al-Anon

Explanation:

Alcoholism is also called an alcohol abuse disorder. This is a psychological or mental disorder or condition in which a person feels the need for alcohol. Desire occur physically as well as mentally in which patient feel craving for alcohol.

Alcohol harms the patient's body, behavior, and mental condition. This can be denoted by AUD. In this, the drinking is a severe mental condition.

The person feels very depressive and doesn't know how to stop drinking. Drinking disturbs a person's daily activities such as social relationships, workplaces, daily activities.

I give Timothy a positive reinforcement of a candy bar when he does something I like. I punish him by squirting him with a squirt gun when he does something I don't like. In doing this, I am applying the principles of ________ in an attempt to modify his behavior. Group of answer choices

Answers

Answer:

operant conditioning

Explanation:

Operant conditioning is when people use rewards and punishments to create links between a certain action or behavior and the positive or negative consequences the person gets and this will influence if these behaviors occur again in the future. A positive consequence will get you to repeat the behavior and a negative consequence will influence you to not doing it again. According to this, the answer is that in doing this, I am applying the principles of operating conditioning because you are trying to get Timothy to learn how to behave by using rewards and punishment.

School experiences for boys tend to be: Group of answer choices challenging because they have greater needs for large-muscle activity, which has become an even greater challenge in schools with reduced recess time. rewarding because sexism affords them subtle advantages that helps them to read and write more quickly than girls. challenging for boys of color because racial oppression makes it harder for them to "act tough" and as a result, they are more prone to being ridiculed. rewarding for boys of color because their experiences with racism make them tougher than white boys and this helps them win approval on gender terms.

Answers

Answer: Challenging because they have greater needs for large-muscle activity, which has become an even greater challenge in schools with reduced recess time.

Explanation:

As males grow they find that they develop muscle mass fast and as a result need to train these for the most part. This is a challenge for them because they will have to get involved in large-muscle activities whilst also engaging in academic activities as well which can be strenuous.

This can be an even bigger challenge in schools with reduced recess time because it means that the boys will have less time during the school days to engage in such activities and they will have to compensate for this time elsewhere which will leave them with less time to rest.

________ was one of the first scientists to theorize that intellectual growth occurs in distinct stages, motivated by an innate need to know.

Answers

Answer:

Jean Piaget

Explanation:

Jean Piaget who was widely known for his works on theory of cognitive development and epistemological is considered as the first theorist to recognise that children and adults had different cognitive processes. His work on cognitive development would later became the bedrock for all other intellectual theories

According to Piaget, cognitive development occurred through the rich interplay of biological processes of maturation, neural development as well as language formation via the interaction of social learning experiences in children through adulthood.

In his work, Piaget's stage theory concluded that there are four stages of cognitive development, which includes:

1. Sensorimotor stage: 0 - 2 years

2. Preoperational stage: 2 -7 years

3. Concrete operational stage: 7 - 11 years

4. Formal Operational stage: 11- 16 and above.

Hence, Jean Piaget was one of the first scientists to theorize that intellectual growth occurs in distinct stages, motivated by an innate need to know.

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9. What is the term given to a political party’s statement of principles?
A) Ideas
B) Doctrines
C) Platform
D) Goals


10. Which of the following were NOT used to prevent African American men from voting after the passage of the 15th Amendment?
A) “Good character” tests
B) Affidavit of Citizenship
C) Literacy tests
D) Poll taxes

Answers

Answer:

9.is B)Doctrines

10.is B)Affidavit of Citizenship

A differentiating characteristic of private security personnel is that their primary function is to protect property, while the goal of public police officers is to serve and protect the citizens of the area they serve.A. TrueB. False

Answers

Answer:

Option A: True

Explanation:

Private Security Personnel are individuals that are hired by companies, individuals and others  for the sake of guiding against  physical and domestic violence, abuse e.t.c. they acts as guides to protect the property of their employers.  private security personnel are only concern with any issues that concerns their employers.

A public police officer are government offices. they are set up by the government to maintain the law, prevent and reduce crime, protect the lives and properties of its Citizen. they patrol and counter threats. They serve all citizen and they ensure protection of human lives and properties.

Thinking about the best way to handle a stressful situation or seeking advice and assistance from others are examples of:

Answers

Answer:

Getting help/ consulting others

Explanation:

Ted is a mildly autistic adult who has difficulty empathizing with the feelings of others and inferring what emotions another person might be experiencing. Some theorists would speculate that this is because Ted has:

Answers

Answer:

Some theorists would speculate that this is because Ted has: a broken limbic system.

Explanation:

The limbic system is the set of interconnected structures that mediate emotions, learning and memory. Autism is a spectrum of disorders characterized by severe, permanent and profound developmental deficits that affect socialization, communication, imagination and behavior, among other things. According to research, there is presence of specific damage to the limbic system in patients with autism, particularly in the amygdala and hippocampus. The amygdala controls aggression and emotions. Many autistic individuals are aggressive towards themselves or others, or conversely, extremely passive. Also, autistic children and adults often seem to have no emotions. In addition, the amygdala responds to a variety of sensory stimuli, such as sounds, sights, and smells; as well as stimuli related to fear and emotions. We know that autistic individuals often have problems with each of these senses. The presence of densely packed neuronal bodies in the amygdala and hippocampus of people with autism probably interferes with the formation of brain networks and hinders communication between neurons in different areas. Damage appears to occur during the prenatal stage of development. This finding reinforces the theory that autism has an early prenatal origin, and probably genetic.

APPLYING MAIN IDEAS The original goal of the United Nations forces in Korea was to push the North Koreans back across the a. 29th parallel. b. 38th parallel. c. 32nd parallel. d. 42nd parallel. Please select the best answer from the choices provided

Answers

Answer:

B-- 38 parallel!!

Explanation:

I just took the test!!

Answer:

b - 38th parallell

Explanation:

What do you think society’s obligations are to people with serious mental disorders or mental health problems? Living in the context of Pakistani society; what do you think what changes need to be done or measures need to be taken in order to protect people who go through mental health problems and what laws should be enacted to protect the rights of these people?

Answers

Answer:

in Pakistan the people who undergo through serious mental disorders or mental health problems are not given proper care their families feel embarrased to talk about it because talking about this is considered a taboo in our society although there are some centers in PAKISTAN for the care of these people but they are not working properly these people are not considered the part of our society some changes like there should be a check and balance for the institutions who take care of these people they should be given necessary or we can say basic education Government should make rules and regulations like giving them their monthly package or we can say money so they can lead a good life,there should be houses for such people

Explanation:

i hope this will help you :)

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Answers

Answer:

1. Muslim or Islam

2.The Prophet Muhammad

3.Mecca, Saudi Arabia

4.the Makkans

5.Pillars of Islam

6.God

7.The Qur'an

8.Mosque

Explanation: Don't know how to explain.

Answer:

1. Muslim or Islam

2.The Prophet Muhammad

3.Mecca, Saudi Arabia

4.the Makkans

5.Pillars of Islam

6.God

7.The Qur'an

8.Mosque

) In the context of international law, a ________ governs its own territory and may enter into agreements with other nations.

Answers

Answer:

sovereign state

Explanation:

According to International Law, a Sovereign State is defined as a state which is independent and free from all external control, while also having full legal equality with other states, has the power to governs its own territory, selects its own political, economic, and social systems, and has power to enter into agreements with other nations

Hence, In the context of international law, a SOVEREIGN STATE governs its own territory and may enter into agreements with other nations.

Every year thousands of people are killed on our roadways by drunk drivers. Who is responsible for preventing drunk driving fatalities

Answers

Answer:

The government.

Explanation:

The government enforces laws and bills across a state. Some governors like to tax people for no reason.

Your best defense against rush drivers is to wear your seatbelt properly. While there is only so much you can do to avoid rush drivers on the road, wearing a seatbelt has been shown to reduce the likelihood of a crash.

How can we prevent rush driving?

State and local governments should take steps to limit or reduce the availability of alcohol, including limiting the hours and days that stores, bars, and restaurants can sell alcohol. To prevent binge drinking, laws prohibiting the sale of alcoholic beverages to those under the age of 21 or who are already intoxicated should be strictly enforced.

Rush driving is the leading cause of death on our country's roads, and recent NHTSA studies show an increase in the presence of other drugs in tested drivers. According to the most recent FARS data, alcohol-impaired driving killed 10,142 people.

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Over the past several decades, the difference between the labor-force participation rates of men and women in the U.S. has Group of answer choices gradually increased. remained constant. gradually decreased. been eliminated.

Answers

Answer:

A. gradually increased

Explanation:

In past several decades, there has been a gradual increase in the labor force rate in the United States. This has been as a result of demographic, social and economic trends. An increase in participation by women and men in the labor force of the United States has also been seen. Just in 2009, about 55% of women were seen in the labor force.

So, in the past decades, there is a gradual increase in labor force participation by men and women.

A common criticism of all evolutionary theories is that they: Group of answer choices all of these. ignore all contributions of learning to human development. provide retrospective but not predictive explanations of development. ignore environmental contribution to human development.

Answers

Answer:

Provide retrospective but not predictive explanations of development.

Explanation:

There are some critiques to the Evolutionary Theories, among them:  Biological Deterministic way of seeing the Hominideos and in many ways reductionist, to make it complex things simpler.

Analyzing the options then:

Provide retrospective but not predictive explanations of development.

These theories were not able to fulfill a model of predicting the future, leaving it blank for speculations. Also, it does not provide a cohesive and coherent basis model to predict the Post Homo Sapiens' future.

Despite those and other criticisms, this hasn't been enough to discard the Evolutionary Theories. On the other hand, the criticisms should be open for the sake of science.

The belief that individuals create their own knowledge by interpreting new experience in the light of past experience is a fundamental proposition of

Answers

Answer:

Constructivism

Explanation:

Constructivism is a theory in education that recognizes the learners' understanding and knowledge based on their own experiences prior to entering school. It is associated with various philosophical positions, particularly in epistemology as well as ontology, politics, and ethics.

Older married couples usually have fairly high marital satisfaction. usually had higher marital satisfaction when their children were at home. have increased potential for marital conflict. show more gender differences in sources of pleasure.

Answers

Answer:

Older married couples usually have fairly marital satisfaction.

Explanation:

Marital satisfaction is a sense of happiness, satisfaction and stability in marriage. It is an instrument for accessing the success of marriage and it is define by joy the husband and wife experience.

Several factors affect marital satisfaction and this include age of marriage, marriage duration, personality, family, ones perspective and thinking e.t.c.

As couples grow older, there is decrease in marital satisfaction and this is one of the reason why there is divorced among middle aged couples.

This decrease in marital satisfaction can be as a result of child bearing and increased responsibilities of catering for the children. In older age as children leave home, there is increase in marital satisfaction because there is decrease in financial responsibilities.

who was the founder of chritianty?​

Answers

Answer:

Jesus!!!

Explanation:

Jesus is God, and Jesus is the founder of Christianity!

In the computer market Lenovo estimate that price elasticity of it's super lite computer -12.64 and the cross price elasticity of demand is 7.35 .The company now reduce price of this model by 9% of its present price level , explain with example what would happen to A. The sale of Lenovo super lite computer if it's close competitor Samsung also reduce it's price by 11%

Answers

Answer:

What happens in this scenario is that the cross price elasticity of demand of the Levono computer is -10.36

Explanation:

To find the answer, we need to use the cross price elasticity of demand (CPED) formula:

CPED = % Δ in quantity demanded of Levono / % Δ in price of Samsung

Here, "Δ" is the the Greek letter "Delta", which is used in math to denote change.

However, we first need to find the change in quantity demanded for the Levono. To find it, we use the price elasticity of demand (PED) formula:

PED = % Δ in quantity demanded / % Δ in price

-12.64 = % Δ in quantity demanded / 0.09

% Δ in quantity demanded = -1.14

Now, we go back to the CPED formula, plug the correct amounts, and solve:

CPED = % Δ in quantity demanded of Levono / % Δ in price of Samsung

CPED = -1.14 / 0.11

CPED = -10.36

The 5th Amendment protects citizens against which of the following? I. search and seizure. II. Testifying against oneself. III. Double jeopardy under the law. IV. Deprivation of life, liberty, or property without due process of law ANSWER CHOICES: a) I and II b) II only c) I, II, and III d) II, III, and IV e) IV only

Answers

Answer: 3.  Double Jeopardy under the Law.

Explanation:

creates a number of rights relevant to both criminal and civil legal proceedings. In criminal cases, the Fifth Amendment guarantees the right to a grand jury, forbids “double jeopardy,” and protects against self-incrimination. c) I, II, and III

The 5th Amendment of the Constitution protects the American citizens against double jeopardy under the law. It also protects the citizens to prevent testifying against themselves.

What is 5th Amendment?

The 5th Amendment of the American Constitution is a modification under the law that protects every citizen from double jeopardy. Furthermore, it also protects the citizens to get away without testifying against themselves.

Lastly, the 5th Amendment protects the factors like life, liberty, and property of its citizens that may be affected owing to any testifying made.

Hence, option D holds true regarding 5th Amendment.

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Daniel's work placed him in a group of 5 to demonstrate a new method of taking inventory of the store's products in less time. Two of Daniel's group members do not seem interested in contributing. Daniel begins to get frustrated that his goal of completing the task is blocked. Daniel remembers that _____ is better than _____, especially when _____.

Answers

Answer: cooperation; aggression; most people cooperate

Explanation:

Two of Daniel's group members do not seem interested in contributing. Daniel begins to get frustrated that his goal of completing the task is blocked. Daniel remembers that cooperation is better than aggression, especially when most people cooperate.

It is better to try to cooperate with others than to be aggressive. Aggression can have the effect of pushing people away or putting them under pressure which can invariably lead to lower quality work.

In this case it is better that Daniel tries to cooperate with the other 2 members who are interested in contributing as they still constitute a majority. When the other 2 see this, they may become encouraged to join in the discussion.

If Daniel responds with aggression, it might even push away the other 2 members that seem interested in contributing because they may not feel comfortable working with him.

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12. Which of the following volunteer organizations was started to feed the starving children of the world?
A) World Health Organization
B) UNICEF
C) Head Start
D) Peace Corp


13. Which of the following best describes a person that leaves their country of origin?
A) Foreigner
B) Emigrant
C) Immigrant
D) Alien

Answers

Answer:

12: B ( i believe)

13: B

sorry if wrong

Explanation:

Answer:

UNICEF

Emigrant

Explanation:

A complaint of sexual harassment by a part-time worker in a hardware business was upheld when the Tribunal found that the employer had failed to take sufficient action in relation to the employee's report of inappropriate behaviour. The alleged sexual harassment included kissing, touching her breasts and leg, persistent requests to have a drink outside work hours despite an ongoing refusal, asking for cuddles, telephoning her at home and making repeated unsolicited sexual remarks. Based on any four ethical theories, explain how these acts constitute unethical behaviours at the workplace.

Answers

Answer:

Sexual harassment refers to the incidents of such unwanted sexual advances which threaten the employment of an individual.

Explanation:

Sexual harassment is seen in many developing countries as a crime against dignity that results in the perpetrators being prosecuted in criminal terms. Laws that protect employees from sexual harassment may represent different sexual harassment theories. Laws may view sexual harassment as gender discrimination, as an offense against self-respect, or as a workplace health and safety problem. Ethics regarding sexual harassment are predicated on the idea that harassment is a form of discrimination that results in employer liability. And as per the question the employer has failed in his responsibility and liability.

What are the major taxonomic approaches to codifying knowledge that has been captured?

Answers

Answer:

Codification of knowledge is the art of presenting tacit knowledge into an explicit state so that it can be utilized by another.

Knowledge is said to be tacit when it is in such a state that it cannot be transferred to another vocally or in writing.

Taxonomy refers to the branch of science that deals with the categorisation of information.

The major taxonomic approaches to codifying knowledge that has been captured are summarised as follows:

A) Concept Mapping

Here the information is represented in a graphical form portraying the relationship between key ideas very clearly or explicitly

B) Decision Tree

This form or approach features the codification of knowledge in charts that show the decision-making process. This is easy to create but less suited for capturing the relationships between concepts.

C) Manual Knowledge Taxonomy

This approach is flexible and allows for the conceptualisation of ideas. This is more complex and therefore takes more time.

D) Automated Knowledge Taxonomy

This process or methodology may be executed using novel technologies. Most are founded on statistical methodologies.

This approach is the most expensive but not necessarily accurate. To become useful, knowledge generated must be subject to and adjustments.

Cheers!

Ray went on a missionary trip to a developing country. While there, he enjoyed cultural celebrations that gave him the opportunity to sample a wide range of locally grown foods. He had to return home when he contracted hepatitis. Ray most likely has

Answers

Answer: Hepatitis A

Explanation:

Hepatitis A is a contagious liver infection which is  caused by the hepatitis A virus resulting to  inflammation of the liver and reduction in its  optimal function. Hepatitis A in most cases is acquired through contaminated  food or drinks  or direct contact with people  infected.

Since Ray went on a missionary trip to a developing country and contracted Hepatitis, its likely its Hepatitis A because he was involved in their cultural celebration involving eating their local food or drinks probably prepared in a poor sanitation environment or direct contact with affected persons  as this is the way Hepatitis A can be contracted.

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Why do you think Emma Lazarus’ poem was chosen to be placed on the Statue of Liberty? (NEED LIKE 3 SENTENCES.)

HERE IS THE POEM: “The New Colossus” by Emma Lazarus
Give me your tired, your poor,
Your huddled masses, yearning to breathe free,
The wretched refuse of your teeming shore,
Send these, the homeless, tempest-tost to me:
I lift my lamp beside the golden door.

Answers

Answer:

It was written by the descendant of successful immigrants who personified the American dream. It was also written by a jew, when many of the immigrants were Jewish. Plus, it was inspirational to many of the people entering America to see a word such as "free" before they see anything else

Explanation:

please Mark brainliest

Answer:

It was written by the descendant of successful immigrants who personified the American dream. It was also written by a jew, when many of the immigrants were Jewish. Plus, it was inspirational to many of the people entering America to see a word such as "free" before they see anything else

Explanation:

Other Questions
(-38) ------- =not defined.fill in the blanksplease fill the answer Which infection is caused by this organism?MalariaO African sleeping sicknessO GirardiasisO Amoebiasis Juan y Luis deben pagar su deuda de suma 4500, si el triple de lo que debe Juan menos, lo que debe Luis asciende a 3500 cunto es la deuda de cada uno? Although it was not explicitly noted in the employee handbook, Jennie was told at the start of her internship that employees are expected to dress in business casual attire each day. This dress code is a _______ of the organization. policy rule standard operating procedure contingency plan strategic goal what causes deep water currents?A earth rotation B temperature difference in waterC the coriolis effect D wind Julie has three boxes of pens. The diagram shows expressions for the number of pens in each box. Look at these equations.Equals B +12B equals C +4Write an equation to show the relationship between a + c Escribe el nombre de dos animales que vivan en cada regin del Ecuador, adems puedes escribir la caractersticas principales y el ecosistema en el que vive cada animal que elegiste. I NEED HELP PLEASE, THANKS! :) Zaheer, a boy of height 1.5m was watching the entire programme. Initially he observed the top of theflagpoleat an angle of elevation 300 . When he moved 10 m towards the flag post the angle of elevation of the top of the flagpole increased to 450. What is the height of the flag pole? What is adolescence?Why adolescence is called the period of storm and stress? 5/8 divided by 4/5 plssss Please please help me. I'll give you the BRAINLIEST if correct! Given the equation A=250(1.1)^t, you can determine that the interest is compounded annually and the interest rate is 10%. Suppose the interest rate were to change to being compounded quarterly. Rewrite the equation to find the new interest rate that would keep A and P the same. What is the approximate new interest rate? Convert your answer to a percentage, round it to the nearest tenth, and enter it in the space provided, like this: 42.53% You are a marketing research consultant hired to organize focus groups for an innovative german-style fast food restaurant. What kind of people would you elect to participate in focus groups? What screening criteria would you use? What questions would you ask? Solve the system of linear equations. Write the following Arithmetic Sequence using a Recursive Formula: an = -8 + 2(n - 1)a. a1 = 2, an = an+1 - 8b. a1 = -8, an = an+1 + 2c. a1 = 2, an = an-1 - 8d. a1 = -8, an = an-1 + 2 which of the following represents the factorization of the trinomial below? x^2+9x-22 If 2 moles of helium undergo a temperature increase of 100 K at constant pressure, how much energy has been transferred to the helium as heat Which of the following facts about Jamestowns location caused hardship for its settlers? In this activity, you will use equations to represent this proportional relationship: Olivia is making bead bracelets for her friends. She can make 3 bracelets in 15 minutes.Part AFind the constant of proportionality in terms of minutes per bracelet.Part BWhat does the proportionality constant represent in this situation?Part CWrite an equation to represent the proportional relationship. Use the constant of proportionality you found in part A. Be sure to assign a variable for each quantity.Part DNow find the constant of proportionality in terms of number of bracelets per minute.Part EWhat does the proportionality constant represent in this situation?Part FWrite an equation to represent the proportional relationship. Use the constant of proportionality you found in part D. Be sure to assign a variable for each quantity.Part GHow are the constants of proportionality you found in parts A and D related?Part HAre the two equations you developed in parts C and F equivalent? Explain. HELP PLZZZZZZZZZZZ!!!!!!!