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Which of the Following Statements About Captive Insurance Companies Is

question 12

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Which of the following statements about captive insurance companies is (are) true?
I.A captive insurance company established by a U.S.company must be domiciled in the United States.
II.A captive insurance company may be owned by several parents.


Definitions:

Standardized Test

A test that is administered and scored in a consistent, or "standard", manner, often used in education to assess the abilities, aptitude, or achievement levels of students.

Variation

The extent to which data points in a statistical distribution or dataset differ from each other.

Average Weight

The mean mass of a group of objects or individuals, calculated by dividing the total weight by the number of objects or individuals.

Predictors

Variables or factors that are used in statistical models to forecast or estimate another variable of interest.

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