Examlex

Solved

The Numerator in the Formula for Calculating a Variance Is

question 32

Multiple Choice

The numerator in the formula for calculating a variance is called a.


Definitions:

Premiums

Premiums are the amounts paid for insurance policies, providing coverage against various risks and ensuring financial protection.

Life Policy

an insurance contract that pays a specified sum to beneficiaries upon the death of the insured individual.

Per Thousand

A term used to denote rates or quantities calculated per thousand units.

Annual Payments

Regular payments made once a year, often as part of a financial agreement or obligation.

Related Questions