Which of the Following Activities Does NOT Diversify Risk

question 119

Multiple Choice

Which of the following activities does NOT diversify risk?

• A) writing earthquake insurance policies for the entire Western United States
• B) writing hurricane insurance policies only in Florida
• C) investing in real estate in various states across the United States.
• D) purchasing the stock of a variety of different companies

Identify different types of loops based on their control mechanism.

Analyze the impact of conditional statements on loop executions.

Understand the role and function of update expressions in loops.

Understand the execution count of loop bodies under different conditions.

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Definitions:

Marginal Probability

The probability of an event occurring, taking into account all possible related events.

P(A And B)

The joint probability of two events occurring simultaneously, within a specified context.

Probability Notation

The standard symbols and formulations used to represent probabilities in mathematical expressions.

Conditional Probability

The chance of a specific event occurring, conditional on the occurrence of another event beforehand.