Jennifer Was Just Asked to Serve on the Board of an Insurance

question 13

Multiple Choice

Jennifer was just asked to serve on the Board of an insurance company.Jennifer is concerned that if the company is mismanaged,the policyowners,stockholders,and employees might sue the management team.What type of liability insurance will protect Jennifer from such claims if she accepts a position on the insurance company's Board?

• A)commercial general liability insurance
• B)employment-related practices liability insurance
• C)workers compensation and employer liability insurance
• D)directors and officers liability insurance

---

Definitions:

Mean Absolute Percentage Error

A measure used to evaluate the accuracy of forecasting models, expressing the average absolute percent error between predicted and observed values.

Sales Details

Specific pieces of information related to the transactions of sales, including quantities sold, prices, dates, and customer data.

Game Sales

The total revenue generated from the sale of video games within a specified period.

Weighted Average Model

A mathematical method that takes into account different weights or importance levels assigned to various components or data points when calculating the average.