____ Is(are)not a Typical Source of Funds for Life Insurance

question 27

Multiple Choice

____ is(are) not a typical source of funds for life insurance companies.

• A)Deposit insurance premiums
• B)Annuity plans
• C)Investment income
• D)Life and health insurance premiums

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Definitions:

Empirical Rule

A statistical rule stating that for a normal distribution, nearly all data will fall within three standard deviations of the mean.

Distribution

Refers to the way in which values in a dataset are spread out or distributed.

Arithmetic Mean

The arithmetic mean is a statistical measure that represents the sum of all values in a dataset divided by the number of values.

Geometric Means

A statistical measure defined as the nth root (where n is the count of numbers) of the product of n numbers, particularly useful in calculating average rates of growth.