Jeremy Is Doing a School Report on How the Causes

question 15

Multiple Choice

Jeremy is doing a school report on how the causes of death have changed over the last century.He is surprised to learn that the primary causes of death in modern life are

• A) exactly the same as the ones people faced 100 years ago.
• B) behavioural rather than communicable;modern medicine can control most communicable diseases,but health-impairing behaviours and lifestyles are strongly related to early mortality.
• C) both behavioural and communicable;modern communicable diseases like HIV/AIDS and hepatitis kill just as many people as modern health-impairing behaviours.
• D) primarily communicable;mad-cow disease,HIV/AIDS,and hepatitis kill far more people than the illnesses that were common 100 years ago.

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Definitions:

Variance

The measurement of the spread between numbers in a data set, indicating how much the numbers diverge from the average.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of values, often used in finance to assess the volatility of an investment.

Certainty Equivalent Rate

The certain return providing the same utility as a risky portfolio.

Risk-Free Investment

An investment that is expected to return its original investment value without any loss.