The units that are selected for sampling constitute the
a. sample
b. population
c. frame
d. sampling unit
D
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Which of the following statements about judgment rating is true?
A) It involves the manual rating of exposures. B) It is used when the loss exposures are so diverse that a class rate cannot be calculated. C) It is a form of experience rating. D) It is only used when credible loss statistics are available.
What are the origins of the `four influences’ framework?
What will be an ideal response?
The underlying cause of ranking conflicts between the NPV and IRR methods is differing:
A) Initial cost. B) Reinvestment rate assumption. C) Cash flow timing. D) Profitability indices. E) Errors in calculating the discount rate.
Quentin and Janelle would like to establish a Coverdell Education Savings Account (CESA) for their daughter, age 5, and their nephew (the son of Quentin's brother), age 8. Their AGI is $145,000. Quentin's brother has already contributed $1,500 to a CESA for his son. a. What is the maximum amount Quentin and Janelle can contribute to a CESA for their daughter and their nephew? b. If their AGI were $208,000, what is the maximum amount they can contribute to a CESA for their daughter and their nephew?
What will be an ideal response?