Peril

question 82

Multiple Choice

Peril

• A)is the chance that something may be lost.
• B)is the cause of a possible loss.
• C)increases the likelihood of loss through some peril.
• D)is the uncertainty of direct or indirect losses to property due to fire, windstorms, accidents, theft, and other hazards.
• E)is loss possibilities due to negligence resulting in bodily harm or property damage to others.

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Definitions:

Microsegment

A very specific group of customers within a market, characterized by particular and distinct preferences or needs.

Big Data

Massive datasets that can be examined through computational methods to uncover patterns, trends, and relationships, particularly in the context of human behavior and interactions.

Traditional Database

A database system that follows a fixed schema, storing data in tables that are linked by defined relationships, frequently used in relational database management systems (RDBMS).

Big Data

Refers to extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.