Which of the Following Statements Concerning Creativity Is NOT Accurate

question 208

Multiple Choice

Which of the following statements concerning creativity is NOT accurate?

• A) a creative individual usually excels in a single area or field
• B) creative ideas must be both novel and useful
• C) divergent thinking contributes to creativity
• D) creativity usually occurs in a burst of insight

Understand strategies employed by insurance companies to mitigate adverse selection.

Describe characteristics of individuals based on their valuation of lotteries.

Explain how adverse selection affects the functioning of insurance markets.

Identify measures to screen against adverse selection.

---

Definitions:

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values around the mean.

Six Sigma

A data-driven approach and methodology for eliminating defects in any process, aiming to achieve six standard deviations between the mean and the nearest specification limit.

Control Limits

Statistical boundaries set in process control that indicate the maximum and minimum values within which a process should operate to produce acceptable outcomes.