Which of the Following Statements About the Combined Ratio Is

question 43

Multiple Choice

Which of the following statements about the combined ratio is true?

• A)It is equal to the loss ratio minus the expense ratio.
• B)A combined ratio greater than 1 (or 100 percent)means an underwriting loss has occurred.
• C)The combined ratio considers the company's investment income.
• D)A combined ratio less than 1 (or 100 percent)indicates an underwriting loss has occurred.

Grasp the importance of the empirical approach and scientific methods in psychology.

Understand the benefits of the SQ3R study method and effective study strategies.

Identify the characteristics of the scientific attitude in psychological inquiry.

Understand the concept and goals of reengineering within organizations.

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Definitions:

Stable Hybrid Zone

An area where two distinct species meet and interbreed, yet remain genetically distinct due to limited gene flow.

Reinforcement

The increase in reproductive isolation that often occurs over time in a hybrid zone because natural selection strengthens and increases the number of prezygotic barriers between the two species.

Reproductively Isolated

A state in which two populations cannot successfully interbreed with each other under natural conditions, leading to the emergence of distinct species.

Parental Populations

The original groups or populations of organisms from which offspring or new populations are derived, used in genetic and evolutionary studies.