Which of the Following Statements About the Causes-Of-Loss Special Form

question 17

Multiple Choice

Which of the following statements about the causes-of-loss special form of the ISO commercial package policy is (are) true?
I.The causes-of-loss special form provides open perils coverage and insures against direct physical loss.
II.The causes-of-loss special form excludes loss caused by earthquake.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Z Score

A numerical calculation indicating how a specific value's distance from the group's average is expressed in multiple standard deviations.

Mean

The arithmetic average of a set of numbers, calculated by adding them all up and dividing by the quantity of numbers.

Standard Score

A score that expresses an individual's position relative to the mean, based on the standard deviation of the scores in the distribution.

Standard Deviations

A metric that calculates the degree of spread or variability of data points relative to their average value.