Shortly After the Small Island of Balamia Experienced Multiple Unexpected

question 60

Multiple Choice

Shortly after the small island of Balamia experienced multiple unexpected high-intensity earthquakes that caused massive destruction,many banks and insurance companies filed for bankruptcy.This left the economy of the country in a poor state.The natural calamity in Balamia best exemplifies

• A) a black swan event.
• B) a wild card event.
• C) skewness risk.
• D) kurtosis risk.

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Definitions:

Acupuncture

An ancient Chinese form of analgesia that consists of inserting needles into specific points on the skin and continuously stimulating the needles.

Specific Points

Defined locations or aspects in a given context that require focused attention or action for a particular purpose or outcome.

Pressure Point Therapy

A therapeutic technique that involves applying pressure to specific points on the body to relieve pain or promote health.

American Medical Association

A professional association of physicians in the United States aiming to promote the art and science of medicine and the betterment of public health.