One Hundred Policyholders File Claims with CareFree Insurance

question 94

Multiple Choice

One hundred policyholders file claims with CareFree Insurance.Ten of these claims are fraudulent.Claims manager Earl Evans randomly selects four of the one hundred claims for thorough investigation.If x represents the number of fraudulent claims in Earl's sample, x has a ______________ distribution.

• A)continuous
• B)normal
• C)binomial
• D)hypergeometric
• E)exponential

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Definitions:

Drug Education

Programmes and efforts aimed at providing information about drugs, their effects, and how to avoid drug abuse, often taught in schools and communities.

Job Analysis

The process of studying and collecting information about a job's responsibilities, duties, necessary skills, outcomes, and work environment.

Human Resource Activities

Tasks undertaken by a company's human resource department, including hiring, training, employee relations, and benefits management.

Employment Agency

A service organization that matches employers with employees.