An auto insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance. A person's age is an example of a(n) ____________________ random variable

Fill in the blank(s) with correct word


continuous

Business

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Some types of products travel better across borders than others. What types of products are most likely to be successful as straight extensions

What will be an ideal response?

Business

CRM stands for ________

A) consumer relationship marketing B) consumer retention management C) customer relationship management D) customer retention marketing E) consumer response management

Business

What principle did the court apply in the case of Madison Square Garden Corp, Ill. v. Carnera?

a. When damages are not adequate, an injunction may be used to enforce a negative covenant regarding exclusive services that are unique and extraordinary. b. When services contracted for are unusual or extraordinary, the injured party cannot obtain injunctive relief. c. An injured party's damages may not be reduced by mitigation for his failure to accept or seek other employment of a different or inferior kind. d. Damages are recoverable only if they were foreseeable at the time of entering into the contract.

Business

Duration matching immunizes a portfolio against

A. Any parallel shift in the yield curve B. All shifts in the yield curve C. Changes in the steepness of the yield curve D. Small parallel shifts in the yield curve

Business