Factors That May Result in More Restrictive Underwriting Decisions Include

question 37

Multiple Choice

Factors that may result in more restrictive underwriting decisions include which of the following?
I.Inadequate rates.
II.The unavailability of reinsurance at favorable terms.

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

---

Definitions:

Basis For Prediction

The underlying data or rationale upon which a prediction is made.

Correlation

A numeric indicator that shows the degree to which two or more variables change in relation to each other.

T Test

A statistical test that compares the means of two groups to determine if there is a statistically significant difference between them.

Error In Prediction

The difference between the observed score (Y) and the predicted score.