Multiple Choice
Which theoretical distribution would be most appropriate to use for a large number of exposure units (over 50) and the probability of loss is very small?
A) normal distribution
B) binomial distribution
C) Poisson distribution
D) fourier distribution.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Match the descriptions with their terms:<br>-Among other
Q2: Match the descriptions with their terms:<br>-The _
Q3: Dawson Products had 20 losses in 1999,
Q4: A financial statement analysis would include a
Q5: Loss exposure checklists cannot be tailored to
Q7: The Cookie Company (CC) has 1,200 employees
Q8: The Goode Company has a plant in
Q9: Risk management information systems can analyze claim
Q10: Match the descriptions with their terms:<br>-The _,
Q11: The main difference between the Poisson distribution