A Navigation Error Caused a Cargo Ship to Run Aground

question 17

Multiple Choice

A navigation error caused a cargo ship to run aground on a reef.The ship,valued at $1.5 million,was carrying $1.5 million in grain and $1.5 in electronic devices.The ship sustained $150,000 in physical damage.If this loss is a "particular average" loss,how will the loss be settled?

• A)The owners of each of the three interests are responsible for $50,000.
• B)The owner of the ship is responsible for the entire $150,000 loss.
• C)The two cargo owners are each responsible for $75,000 of the loss.
• D)The owner of the ship is responsible for the first $100,000 of the loss,and the two cargo owners are each responsible for $25,000 of the loss.

Comprehend the relationship and distinction between sensitivity, specificity, and predictive values, recognizing that these parameters vary with disease prevalence.

Understand and calculate patient survival probabilities based on follow-up data.

Compute cumulative survival probabilities using interval-based data.

Identify and understand key assumptions underlying survival analysis techniques.

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Definitions:

3*IQR

A metric used in statistics to identify potential outliers, calculated as three times the interquartile range.

Extreme

Refers to values in a data set that are significantly higher or lower than the majority of the values.

Mild

Describes something that is gentle or not severe in effect or degree.

Contingency Table

A table used in statistics to display the frequency distribution of variables, showing the number of observations for each combination of two categorical variables.