An Insurance Agent Has Appointments with Four Prospective Clients Tomorrow

question 43

Multiple Choice

An insurance agent has appointments with four prospective clients tomorrow. From past experience the agent knows that the probability of making a sale on any appointment is one out of five. Using the rules of probability,what is the likelihood that the agent will sell a policy to three of the four prospective clients?

• A)0.250
• B)0.500
• C)0.410
• D)0.026

Understand the health and housing disparities on American Indian reservations.

Describe the societal challenges and stereotypes faced by Asian American communities.

Analyze the cultural norms and marriage practices within Middle Eastern families in the context of coping with prejudice and societal expectations.

Understand the application of FICA-OASDI and FICA-Medicare taxes on payroll.

---

Definitions:

JOBS Act

The Jumpstart Our Business Startups Act is legislation in the United States intended to encourage the funding of small businesses by easing various securities regulations.

Dow Jones

An American stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.

Kickstarter

An online crowdfunding platform where individuals can donate money to support creative projects and ventures in exchange for rewards or equity.

Fundraising Project

A campaign or initiative undertaken to gather financial resources or investments for a specific purpose or project.