Assume that you have a binomial experiment with p = 0.4 and a sample size of 50 . The variance of this distribution is
a. 20
b. 12
c. 3.46
d. 2.83
b
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Which of the following statements is good advice for those transitioning upward in an organization?
A. Don't try to manage upward or sideways. B. Invent your own kind of management style. C. Maintain good relationships with other departments. D. Enjoy the solitude of upper management positions. E. Focus on the rights and privileges of your new job.
A test for differences in the means of paired samples is called the paired samples t-test
Indicate whether the statement is true or false
The insurer's efficiency and underwriting practices are much more important to the consumer than where the insurer is located, for example Bermuda or the Cayman Islands
Indicate whether the statement is true or false
Which of the following statements about schedule rating is false?
A) Analyzes each property individually B) Is used primarily in rating commercial buildings C) Starts with a rate for a standard building in the same city as the building being rated D) Uses the same rate for all buildings that have a particular construction type